Trump labels Strait of Hormuz as new US territory amid Iran tensions
- US President Trump on Sunday shared an image on Truth Social labelling the Strait of Hormuz as new US territory.
- He said the US had escorted over 1,000 ships and 16 million barrels of oil moved through in a single day.
- CENTCOM said it assisted 1,300 commercial vessels and moved 660 million barrels of crude since early May.
- Shipping data shows traffic below pre-war levels, with just seven commodity ships transiting on August 21.
Source: moneycontrol.com
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