White House Economic Council’s Hassett: Navy Has Reopened Strait of Hormuz, Crude Flowing Through

The significance here is less the reopening itself than who is narrating it: a White House economic official, not a military or shipping authority, framing a chokepoint transit as restored. That matters for anyone pricing energy risk, because the market's read on Hormuz flows now hinges on official reassurance rather than independent confirmation. The promised follow-up energy announcements are the real variable — whether they reinforce the reopening narrative or shift the focus elsewhere is the open question.