Trump now claims Hormuz is 'new US territory'
Iran's parliament speaker, Mohammad Bagher Ghalibaf, issued demands for reopening the Strait of Hormuz, including lifting the US blockade, releasing frozen assets, ending oil sanctions, and ceasing military operations. This comes as the US-Iran memorandum of understanding expired, and President Trump declared the strait "new U.S. territory" in a social media post, a move largely seen as a sign of frustration and a "reinvention of reality" by experts.
The closure of the Strait of Hormuz, a critical oil thoroughfare, severely restricts traffic and impacts global energy markets, while the diplomatic tensions between the US and Iran risk further escalation and instability in the Gulf region.
The segment also covers US midterm elections, rising gas prices, US alliances with South Korea and other Gulf states, and the broader lack of a conventional US foreign policy strategy.
IRAN STRAIT OF HORMUZ DONALD TRUMP US FOREIGN POLICY OIL SANCTIONS