US President Donald Trump said he will soon declare the Strait of Hormuz US territory after Iran's defeat.
AI will summarize what happened, why it matters and what it means for business.
US President Donald Trump has announced his intention to soon declare the Strait of Hormuz the territory of the United States. The American leader made the statement during an appearance in New York state.
"When we finally defeat Iran, and it is suffering a serious defeat, pretty soon I will declare the Strait of Hormuz US territory," Trump said.
Iran suffers a serious defeat
Donald Trump said he will soon declare the Strait of Hormuz US territory.
Reaction from Iran and other countries is expected.
What passes through Hormuz, why shipping threats move prices and which alternative routes exist.
2 min →