Iran and US duel over Hormuz control

President Donald Trump announced plans to declare the Strait of Hormuz a U.S. territory, escalating a confrontation that has already disrupted global oil shipments.

Iran rejected the claim, insisting the waterway remains under its control and warning that higher fuel prices will hurt American consumers.

The United States has maintained an indefinite naval blockade and ramped up economic sanctions, while Iran has responded with attacks on tankers and threats to close the strait.

The standoff has pushed oil prices higher and raised fears of a broader regional conflict.