US and Iran Clash Over the Strait of Hormuz

On 13 August 2026, President Trump claimed the US holds "total control" of the Strait of Hormuz — the narrow waterway carrying roughly a fifth of global oil. Tehran countered, demanding policy concessions before reopening it. After five months of hostilities, an Oman-brokered deal has stalled, with both sides now demanding compensation. The path to resolution is narrowing.