Event details
President Trump told reporters he plans to declare the Strait of Hormuz U.S. territory and pledged to strike Iran 'economically,' the Times of Israel reported in its Aug. 14 live updates, extending his same-day remarks on the Iran standoff and gasoline prices.
Context
Asserting U.S. sovereignty over an international strait would be a sharp legal and military escalation, raising the odds of a direct clash with Iran's navy along a route carrying roughly a fifth of world oil trade.
- Local time
- 5:10 PM New York time, Aug 14, 2026
- Location
- Strait of Hormuz
- Relationship
- Update