President Donald Trump said the US is in "total control" of the Strait of Hormuz, a critical oil shipping chokepoint. The statement is geopolitically significant because any change in control or security around the strait can affect crude flows and energy-market risk premia. The article does not provide operational details or immediate market reaction.
President Donald Trump said the US is in "total control" of the Strait of Hormuz, a critical oil shipping chokepoint. The statement is geopolitically significant because any change in control or security around the strait can affect crude flows and energy-market risk premia. The article does not provide operational details or immediate market reaction.
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