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Trump Rejects Country Control of Strait of Hormuz as Closure Drives Energy Shock

2026-05-29 19:59:43

Abstract generation in progress

Trump said no individual country should control the Strait of Hormuz as the shutdown has lifted U.S. gas prices 49% to $4.46. He said the strait is international waters and should be open to everybody. Hormuz has operated at a near standstill since February 28, with a fifth of global oil supply normally running through the pathway.

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