The president made his case for the U.S. attack, and said that the main objectives had been achieved.
The interconnectedness of global energy markets means that the effects of Iran’s blockade of the waterway are not limited to countries directly dependent on oil from the Middle East.
Iran continued to retaliate across the region on Tuesday but markets saw hopes that fighting might ebb. Israel said it would occupy a large chunk of Lebanon even after the war ends.
The effects of the war in Iran are squeezing consumers, businesses and governments around the world, raising the prices of many essential goods.
President Trump’s latest outbursts followed reports that European countries were imposing more restrictions on American aircraft in their airspace.
The attack damaged the hull, the tanker’s owner said. No oil spill was detected, according to the authorities in the United Arab Emirates.
Iran maintained that no negotiations have been held with the United States, and said none would while the fighting continues.