Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Trump's Statement on the Strait of Hormuz and Its Immediate Context
President Trump made his remarks during a press briefing at the White House on Middle East security policy. He also specifically pointed to Iran's recent naval maneuvers and increased monitoring of commercial shipping. The Strait of Hormuz is the only maritime passage from the Persian Gulf to the open ocean, so any disruption there will directly impact global energy markets. Historical data from the U.S. Energy Information Administration confirms the critical importance of this waterway. For example, in 2024, an average of 74 oil tankers per day passed through the strait, carrying crude oil and its derivatives to markets in Asia, Europe, and North America.
The Navy of the Islamic Revolutionary Guard Corps maintains a significant presence in these waters and conducts regular military exercises near the shipping lanes. The Trump administration has consistently criticized these activities as provocative, while Iranian officials defend them as legitimate sovereignty protection. This fundamental disagreement now centers around interpretations of international maritime law, specifically the United Nations Convention on the Law of the Sea, which provides guidelines for crossing the seas. However, the United States and Iran apply these provisions differently.