Trump reveals ‘present’ from Iran as oil tankers move through Strait of Hormuz

This material may not be published, broadcast, rewritten, or redistributed. ©2026 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by LSEG. Iran sent at least eight oil tankers through the Strait of Hormuz this week as a ‘present’ to the U.S. to prove negotiators' authority, President Donald Trump said at Thursday's Cabinet meeting at the White House. President Donald Trump revealed Thursday what he previously described as a "present" from Iran as the passage of multiple oil tankers through the Strait of Hormuz, framing it as a sign of progress in ongoing negotiations. Trump had hinted a day earlier that Iran had offered a significant gesture but declined to provide details at the time. "They said to show you the fact that we’re real and solid, and we’re there — we’re going to let you have eight boats of oil," Trump said during a Cabinet meeting Thursday, adding that the number of tankers ultimately reached ten. "I said, ‘Well, I guess we’re dealing with the right people.’" TRUMP LASHES