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Trump hints at US claim over Strait of Hormuz

pre-market1 source ↓written by the desknot a recommendation

US President Donald Trump announced plans to declare the Strait of Hormuz a US territory, a move that could significantly impact global oil and LNG shipments. This statement comes amid rising tensions with Iran and potential new economic sanctions targeting Tehran. Traders should monitor oil prices closely as geopolitical risks escalate. ⚡

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 15 Aug 2026, 07:09 IST.

Sourcesnews.google.com

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