Strait of Hormuz Crisis Escalates: How Did Trump’s “New Territory” Remarks Push Oil Prices Close to $92?
On August 18, 2026, the U.S.-Iran standoff escalated dramatically. U.S. President Trump posted a map on social media labeling the Strait of Hormuz as “America’s new territory.” Four days earlier, Trump had previewed the move, saying, “Soon I will announce the Strait of Hormuz as U.S. territory,” and adding, “This is real.” Iran’s Fars News Agency immediately dismissed the claim as “delusional,” responding that “Trump continues to claim in his delusion that ‘the Strait of Hormuz is U.S. territory




























