President Donald Trump said he wants to keep the Strait of Hormuz open, saying it would be an "honor" to do so in an effort to help other nations that rely on the vital Middle East waterway.
Trump was speaking with reporters in Florida on Monday, when he was asked about the global energy choke point, which has been disrupted amid back-and-forth attacks between Iran and Israel and the United States.
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At about 21 miles wide at its narrowest point, the Strait of Hormuz is between Iran and Oman and carries roughly 20 million barrels a day and about one-fifth of global liquefied natural gas, making it a top-value target when conflict in the region erupts.
"We're really helping China here and other countries because they get a lot of their energy from the Straits," Trump said. "We have a good relationship with China. It's my honor to do it."
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Trump is slated to meet with Chinese leader Xi Jinping later this month. While touting the United States' new energy partnership with Venezuela, Trump noted that China gets its oil through the strait.
"I mean, we're doing this for the other parts of the world, including countries like China," he said. "They get a lot of their oil through the straits."
"We have a very good relationship with President XI (Jinping) and China," he added. "I'm going there in a short period of time, and we're protecting the world from what these lunatics are trying to do, and very successfully I might add."
The U.S. will also waive all oil-related sanctions on some countries in an effort to reduce energy prices amid the conflict in the Middle East, Trump said.
