On Saturday, President Donald Trump proclaimed that numerous empty supertankers are on their way to the United States to load American crude oil, reinforcing the notion of US energy dominance during a tumultuous time in global oil markets. In a post on Truth Social, Trump stated that the US possesses more oil than the next two largest oil economies combined, urging the tankers to make a quick turnaround. This announcement follows a two-week ceasefire with Iran, initiated on April 7, which is contingent upon the complete reopening of the Strait of Hormuz. This strategic waterway is vital for global oil transportation, accounting for about 20% of the world's seaborne oil. Despite the ceasefire, tanker traffic through the strait remains significantly below normal levels, as Iran claims authority over the passage and has sought to impose fees on shipping firms, a demand the US has rejected. The situation has led to high-stakes peace talks in Islamabad, Pakistan, where US Vice President JD Vance is leading the American delegation, aiming to find common ground to keep negotiations alive, as emphasized by Pakistan's Prime Minister Shehbaz Sharif.