Trump Demands 'Unrestricted Shipping' in Strait of Hormuz as Iran Seeks Future Control

President Trump demanded on May 29, 2026 that the Strait of Hormuz be immediately open to unrestricted shipping without tolls, as he considers a deal to extend a ceasefire with Iran. The demand clashes with Iran's signal that it wants a future role in administering the critical waterway, where 20% of global oil trade passed before the war. Iranian Foreign Minister Araghchi said he discussed the strait's "future administration in line with our sovereign responsibilities and international law" with Oman. Trump threatened on May 27 to "blow them up" if Oman does not comply, and Treasury Secretary Bessent warned on May 28 of aggressive sanctions if Oman imposes tolls. Oman has been a long-time U.S. ally and mediator. A proposed 60-day ceasefire extension would lift shipping restrictions during that period to allow nuclear talks. Analysts caution that Gulf state buy-in, especially Oman's, is essential for any deal to hold.