Trump Weighs Options to Control the Strait of Hormuz

Source
JH Kim

Summary

  • U.S. President Donald Trump is reported to be considering measures to control the Strait of Hormuz.
  • The Strait of Hormuz is described as a key energy shipping lane through which about 20% of the world’s seaborne crude oil shipments pass.
  • So far, no specific implementation plan or official decision has been made regarding the control measure, according to the report.

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U.S. President Donald Trump is said to be considering options to control the Strait of Hormuz.

According to Walter Bloomberg on the 9th (local time), Trump is internally reviewing potential U.S. measures to control the Strait of Hormuz as military tensions in the Middle East intensify.

The Strait of Hormuz is a key energy shipping lane through which about 20% of the world’s seaborne crude oil shipments pass. With military clashes between the United States and Iran continuing, tensions surrounding the strait are also rising.

No specific implementation plan or official decision related to the measure has been made so far, according to the report.

Photo = Shutterstock
Photo = Shutterstock
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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