Could Trump ‘take over’ the Strait of Hormuz as oil prices rise?

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In March 2026, amidst the ongoing war in Iran, US President Donald Trump considered "taking over" the Strait of Hormuz. The strait, a critical route for Gulf oil producers, is threatened by Iran, who vowed to attack ships traversing it. This disruption, coupled with attacks on energy facilities in Qatar and Saudi Arabia, caused oil prices to spike, with Brent crude briefly exceeding $119 a barrel. Iran denied attacking QatarEnergy or Aramco. The closure of the Strait of Hormuz is a major factor in the price surge, with potential for further volatility in energy markets.
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