Trump said he will declare the Strait of Hormuz US territory once the military offensive against Iran is over
Americas2 sources2 countries🔦 Under-reported33m ago
Former U.S. President Donald Trump announced intentions to designate the Strait of Hormuz as U.S. territory following the conclusion of a military offensive against Iran. The statement regarding the strategic maritime passage was made on a Friday, signaling a significant shift in policy toward the region.
The announcement has had immediate economic implications, with the price of Brent crude oil rising to 88.52 dollars per barrel. The declaration highlights the potential for heightened geopolitical tension and market volatility surrounding one of the world's most critical oil transit routes.
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El MundoFocuses on the immediate economic impact and rising oil prices.