*Walter Bloomberg(@DeItaone):TRUMP FLOATS RENAMING HORMUZ STRAIT AFTER HIMSELF President Trump suggested renaming the Strait of Hormuz the “Trump Strait,” while claiming the U.S. has nearly total control of the key shipping route. Trump has also floated declaring the strait U.S. territory, without explaining how this would be achieved. The waterway carries roughly 20% of global oil and gas, making disruptions from the Iran conflict a major risk to global energy markets.

2026.09.02 17:13

TRUMP FLOATS RENAMING HORMUZ STRAIT AFTER HIMSELF President Trump suggested renaming the Strait of Hormuz the “Trump Strait,” while claiming the U.S. has nearly total control of the key shipping route. Trump has also floated declaring the strait U.S. territory, without explaining how this would be achieved. The waterway carries roughly 20% of global oil and gas, making disruptions from the Iran conflict a major risk to global energy markets.