CNBC Daily Open: Trump's Strait of Hormuz claim meets crude reality
- Posted on August 11, 2026
- By CNBC
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- 1 min read
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CNBC Daily Open: Trump's Strait of Hormuz claim meets crude reality
U.S. President Donald Trump has claimed that the U.S. Navy has "100%" control of the Strait of Hormuz. Markets don't think so.
