- President Trump mentioned the US was clearing sea mines from the Strait of Hormuz, claiming this was a boon to nations world wide.
- All 28 of Iran’s navy, air power, missile factories, air protection programs, and minelayers have been destroyed.
- Markets react to falling oil costs and optimistic crypto sentiment. BTC soars as geopolitical tensions ease.
On April 11, 2026, President Donald J. Trump introduced that the US had begun clearing mines within the Strait of Hormuz. He claimed that the US army destroyed Iran’s navy, air power, missile factories and air protection programs in the course of the latest battle. President Trump additionally mentioned that U.S. warships have sunk all 28 Iranian minelayers, explaining why Iran can’t clear the mines by itself.
President Trump says the US is clearing landmines within the Strait of Hormuz
On April 11, 2026, President Trump introduced that the US had begun clearing mines within the Strait of Hormuz, calling the operation “a favor to nations world wide,” together with main oil importing nations akin to China, Japan, South Korea, France, and Germany.
“We are actually starting the method of clearing the Strait of Hormuz as a favor to nations world wide…Unbelievably, they don’t have the braveness or will to do that themselves,” Trump mentioned in a submit on Reality Social.

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He added that vacant oil carriers from many nations have been heading to the US to load American oil.
Iran’s army capabilities destroyed in latest wars
US and allied forces destroyed most of Iran’s standard forces within the 38-day Operation Epic Fury, which started on February 28, 2026. President Trump mentioned the U.S. assault devastated Iran’s navy and air power and decimated its missile manufacturing and air defenses.
Greater than 13,000 targets have been hit in additional than 10,200 sorties, leaving Iran unable to successfully venture its energy. U.S. officers reported that 150 warships have been sunk, together with all submarines and all 28 minelayers. Iran’s air energy and missile capabilities have been additionally shattered. The airstrike destroyed most remaining plane and air protection programs, together with F-14 Tomcats.
Greater than 450 ballistic missile bases and far of Iran’s protection industrial base have been destroyed, and Iran’s offensive capabilities diminished because the conflict progressed. The destruction left Iran unable to take away the mines randomly positioned within the Strait of Hormuz.
What’s the affect on international power and cryptocurrency markets?
President Trump’s transfer positions the US as actively restoring freedom of navigation on the excessive seas. A profitable customs clearance might scale back excessive oil costs and transport dangers, however impartial verification of claims and precise resumption of site visitors stays key to dealer confidence.
However full normalization might take weeks, as mine clearance requires particular gear, divers and distant autos, and specialists say it’s a gradual and sophisticated maritime operation even below optimum circumstances.
Cryptocurrency markets are reacting positively to the easing of geopolitical tensions and ceasefire indicators. As of April 11, 2026, Bitcoin (BTC) is buying and selling at $72,840.45, up 8.4% over the previous week, giving it a market capitalization of $1.57 trillion.
Ethereum is buying and selling at $2,248.78, marking the same rally seen amid improved threat sentiment resulting from Holmes reopening expectations. So whereas volatility continues amongst macro components, merchants see this easing as supporting threat belongings.
Associated: President Trump hints at regime change in Iran. Bitcoin falls in the direction of $68,000
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