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Bloomberg

BusinessBloomberg·Aug 12, 2026·1 min read

Trump Claims Hormuz Control, US CPI Data on Deck | The Opening Trade 8/12/2026

President Donald Trump claimed the US had “total control over the Hormuz Strait,” as Washington and Tehran hardened their stances in deadlocked negotiations over the waterway. “We own it,” Trump told reporters at Joint Base Andrews outside…

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