US President Donald Trump says the United States will "control the Strait of Hormuz" as tensions with Iran continue to escalate. The strategic waterway remains at the center of the global energy crisis and military confrontation. Watch the latest updates on Trump's remarks, the Hormuz standoff, and what it means for oil markets and global security.

Follow the latest news on the major headlines of the day.

Trump plans to take control of the Strait of Hormuz amid tensions with Iran. Traffic normalization by August 31 at 15.5% YES.