President Trump has announced that approximately 700 vessels are currently navigating the Strait of Hormuz, emphasizing the urgency for Iran to reach an agreement within 60 days. He warned that failure to do so could lead to actions that Iran "won't like." Trump expressed confidence that the situation would not escalate to such measures, noting the potential disruption to oil flow if tensions rise. "Owners of multi-billion-dollar vessels are unlikely to tolerate missiles or mines in the area," he remarked.