Hormuz Showdown Escalates as Trump and Iran Trade Threats
U.S. President Donald Trump has threatened further pressure on Tehran and said he intends to declare the strategic waterway U.S. territory. Iran has rejected the claim, insisting that Hormuz remains under Iranian control. Shipping traffic through the strait has fallen sharply amid the confrontation, while attacks involving vessels have heightened c
oncerns over the security of global energy supplies. With diplomatic efforts still uncertain, the standoff is raising fears of a wider escalation and continued disruption to oil and gas markets.
