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Trump Doubles Down On Plans To Make Hormuz Strait A US Territory: “A Great Idea”

Trump Latest Iran Remarks from Oval

President Trump repeated some of the same old talking points while addressing reporters in the Oval Office on Monday. He asserted that Iran wants to make a deal, but “they’re not going to make the kind of deal that I feel is necessary.”

“Look, we’re in there for one reason: Iran cannot have a nuclear weapon,” he said. He also doubled down on a prior declaration that he wants to make the Strait of Hormuz a US territory. He said this is “a great idea” – which in effect dispels the notion that when he said it the first time it was mere hyperbole. This is also amid ongoing claims that the US military has “complete control” over the strait.

Oil Spikes as Hormuz Developments Continue from Bad to Bad

Oil spiking amid a hodgepodge of more ‘bad news’ Hormuz headlines, as the Iranians have vowed to go on the ‘offensive’ amid demands that American forces clear out of the region. Fars is currently reporting Iranian forces have seized a UAE oil tanker in the Strait of Hormuz.

US Energy Secretary Wright has meanwhile vowed that the US Navy will continue getting better at escorting approved maritime traffic across. He confirmed “we are not fully back to full oil flow in the Middle East,” according to the Monday comments.

Oil jumps, though its unclear what the precise catalyst might be…

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