President Trump claims that Iran is allowing 20 ships from Pakistan to pass through Strait of Hormuz as a gesture of goodwill to the U.S. CNBC's Monica Pitrelli looks into why this is causing confusion in the shipping industry.
Breakdown
- Trump claims Iran allowing 20 ships through Strait of Hormuz is a 'gift' to US
- Iran's permitted nations include Pakistan, Russia, China, Iraq, and India 16s
- Pakistan owns only eight tankers, none currently in the Persian Gulf 1m 4s
- Pakistan's deputy PM calls the deal a 'harbinger of peace' for the region 2m 6s
- Uncertainty remains over the deal's significance and its framing as a US 'gift' 2m 24s