According to CoinMeta, U.S. President Donald Trump stated in an interview that the Strait of Hormuz is currently open, and Iran has responded in a moderate manner. U.S. officials pointed out that the U.S. military has weakened Iran's control over the Strait of Hormuz over the past two months and formed a task force with the United Arab Emirates to guide ships through the strait and provide air cover, as well as to intercept Iranian drones and cruise missiles. In addition, the U.S.'s two-week bombing campaign has weakened the Revolutionary Guard's ability to attack ships, and by clearing mines, the blockade on Iranian ports has been lifted.