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In a post on Truth Social on August 1, 2026, the US president wrote that he had decided to "cancel the attack, subject to being able to rapidly make a DEAL" - which would include the immediate opening of the Strait of Hormuz and an end to "Iran's nuclear threat".
The latest warning came after Trump abandoned a proposed 20% charge on all cargo passing through the Strait of Hormuz. However, the United States resumed its blockade of Iranian ports, adding fresh pressure on Tehran.
Speaking on Tuesday, Wandayi said Kenya's government-to-government (G2G) fuel import arrangement had shielded the country from supply disruptions and rising freight costs triggered by escalating military tensions around the Strait of Hormuz, one of the world's busiest oil shipping routes.
Iran had earlier said it was shutting the strategic waterway and accused the US and Israel of violating a ceasefire agreement amid rising tensions linked to Israeli strikes in Lebanon.
The sharp market reaction followed a strongly worded social media post by Trump on Sunday, in which he warned that the United States would target critical Iranian infrastructure if ships were not allowed safe passage through the vital shipping lane by Tuesday.
Speaking before the National Assembly of Kenya Departmental Committee on Finance and Planning, he highlighted strong remittances, stable inflation, and resilient sectors, while outlining mitigation measures to cushion the economy against external shocks and rising fuel costs.
Thirty Three Energy CEO Mohamud Salat warns that rising tensions around the Strait of Hormuz could disrupt up to 20% of global oil supply, driving sustained high fuel prices and exposing Kenya’s heavy import reliance.
The delay is meant to allow further negotiations aimed at resolving Middle East hostilities, signaling a possible diplomatic breakthrough amid rising tensions between the two countries.
His remarks come amid escalating tensions in the Middle East, as he claims significant military success against Iran, raising fresh questions about alliances and global security dynamics.
Speaking on Monday, he urged major nations including China, France, Japan, South Korea, and the UK to join efforts to reopen the vital oil transit route, which has faced threats amid escalating Middle East tensions.
Iran’s ambassador to Kenya says Tehran’s strikes targeted only military bases in self-defence, as Israel and the US justify their action and European leaders question its legality and regional impact.
State Department for Diaspora Affairs, Roseline Njogu, outlined mounting concerns stemming from renewed hostilities between the Islamic Republic of Iran and the State of Israel, as well as growing cases of Kenyans in distress in Saudi Arabia and the Russian Federation.