Trump: US can take Strait of Hormuz with more time

President Donald Trump on Friday said the U.S. can open the Strait of Hormuz with a little more time, as pressure mounts for his administration to find a quick resolution to a war against Iran.

"With a little more time, we can easily OPEN THE HORMUZ STRAIT, TAKE THE OIL,& MAKE A FORTUNE," Trump said in a post on Truth Social.

Nearly five weeks after it started ⁠with a joint U.S.-Israeli aerial assault, the war in Iran continues to spread chaos across the region and roil financial markets, raising the pressure on Trump to find a quick resolution to the conflict.

Iran has effectively shut down the Strait of Hormuz , a key waterway that carries about a fifth of the world's total oil consumption, in retaliation for U.S.-Israeli ​strikes that began in late February. Reopening it has become a priority for governments around the world as energy prices soar.

In the speech on Wednesday ​night, Trump repeated his threats against Iran's civilian power plants and gave no clear timeline for ending hostilities, drawing vows of retaliation from Iran and depressing share prices.

-Reporting by Ryan Patrick Jones in Toronto and Nate Raymond in Boston; editing by Michelle Nichols/Reuters