Trump declares intent to claim Strait of Hormuz as US territory
US President Donald Trump has announced he will declare the Strait of Hormuz an American territory.
The jurisdiction of the waterway is currently shared by Oman and Iran.
The Strait has been the focal point in the Iran conflict as Tehran uses it as leverage to strike a deal with the US.
Donald Trump told a New York Police event he may take extraordinary measures as negotiations stall.
Both the US and Iran are implementing naval blockades in the Strait of Hormuz.
Roughly 20 per cent of the world’s oil and gas flows through the shipping lane.
