Trump declares Hormuz under full U.S. control, pushes Iran reparations

1 min read
Source: CNBC
Trump declares Hormuz under full U.S. control, pushes Iran reparations
Photo: CNBC
TL;DR

President Trump says the Strait of Hormuz is now open and under 100% U.S. control after claims the Navy cleared mines, while demanding Iran pay reparations; Iran counters that reopening hinges on lifting the blockade and sanctions. The standoff keeps oil markets nervous as prices edge higher amid sanctions and ongoing tensions in the region.

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