World
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Strait of Hormuz Annexation Claim Shakes Oil Markets
First it was Greenland. Then the Panama Canal, Canada and Venezuela. Now, according to a new report, President Donald Trump has added the Strait of Hormuz — the...
First it was Greenland. Then the Panama Canal, Canada and Venezuela. Now, according to a new report, President Donald Trump has added the Strait of Hormuz — the narrow waterway that carries roughly a fifth of the world's oil — to the list of territories he says the United States should claim. If confirmed, the statement would mark a striking escalation in the president's expansionist rhetoric, aimed this time at a strategic chokepoint no US administration has ever controlled.