Trump Vows to Declare Strait of Hormuz US Territory

Former US President Donald Trump has threatened to declare the strategic Strait of Hormuz as US territory, citing ongoing conflicts with Iran.

The declaration, intended to secure global oil supply routes, has triggered a sharp response from Tehran, which warned of a 'direct response' to any such move.

Global oil markets reacted immediately to the rhetoric, with crude prices surging as investors fear a potential escalation in naval blockades near the Persian Gulf.