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No price tag on Trump's plan to claim the Strait of Hormuz

President Trump says he will declare the strategic Strait of Hormuz a U.S. territory, but no federal agency has provided a cost estimate for taking control of the oil chokepoint.

Published Aug 17, 2026, 5:05 PM EDT | WFMZZ

President Donald Trump has proposed declaring the Strait of Hormuz a U.S. territory. The strategic waterway is a crucial oil chokepoint, and no federal agency has estimated what controlling it would cost taxpayers.

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