Hours after agreeing to a ceasefire, US President Donald Trump on Wednesday said the United States would help ease traffic buildup in the Strait of Hormuz, calling the development “a big day for world peace” amid signs of a de-escalation with Iran following heightened tensions in the region.The Strait of Hormuz, a vital artery for global oil shipments, has remained at the centre of recent tensions, with disruptions and security concerns triggering fears of supply shocks and wider instability in West Asia. The ceasefire announcement comes after around 40 days of hostilities in West Asia that had raised concerns among major economies dependent on energy imports.Projecting optimism after the breakthrough, Trump said Iran was ready to move forward. “They’ve had enough. Likewise, so has everyone else,” he said, suggesting fatigue on all sides and a growing push for stability.He indicated that Washington would play an active role in managing congestion in the narrow shipping lane and maintain a presence in the region to ensure that the situation remains under control. “There will be lots of positive action,” Trump said, expressing confidence that the ceasefire would hold.The US President also pointed to potential economic gains from reduced tensions, saying “big money will be made”, while urging Iran to begin reconstruction efforts after the prolonged period of strain. He said the United States would supply materials and remain engaged to support the process and monitor developments on the ground.Officials and analysts had long warned that any disruption in the Strait of Hormuz would have far-reaching consequences for global trade and energy markets, given that a significant portion of the world’s oil supply passes through the corridor. The latest developments have, therefore, been closely watched by governments and industry stakeholders alike.Drawing a parallel with domestic economic momentum, Trump said the moment could mark the beginning of a ‘Golden Age of the Middle East’, underlining his administration’s belief that stability could unlock investment and growth across the region.