Trump Insists U. S. Should 'Run' the Strait of Hormuz and Get Paid For It President Donald Trump's latest pronouncements on the Strait of Hormuz have sparked concern among global leaders, traders, and analysts.
He has vowed to "run" the waterway, control its flow, and then get paid by other nations for doing so. The Strait of Hormuz has been a focal point of international tension since the U. S.
Iran conflict escalated earlier this year. Trump's announcement on July 6th came after a weekend of renewed hostilities between the two nations, with oil prices surging by over 3% as Brent crude neared $80 per barrel.