Trump: "Should We Rename the Strait of Hormuz the Trump Strait?"

[Financial News]  

U.S. President Donald Trump floated the idea on June 2 (local time) of renaming the Strait of Hormuz the “Trump Strait.”
Less than a week after signing an executive order to rename Lake Ontario, one of the Great Lakes shared by the United States and Canada, “Lake America,” he raised the idea of renaming the Strait of Hormuz, a key energy shipping route in the Middle East.
Trump wrote on his social media platform Truth Social, “The United States now controls this strait,” and argued, “Shouldn’t we change its name from the Strait of Hormuz to the Trump Strait?”
He added, “Just as the United States itself is, this strait will also be ‘hotter’ than ever!” He continued, “Thank you for your interest in this matter. President Donald J. Trump.”
CNBC reported that it was unclear how the president could rename a strait that is not even near the United States. However, changing the names of geographic features adjacent to the United States has at least been effective domestically so far.
Following the executive order, Doug Burgum and the United States Department of the Interior instructed the Geographic Names Information System (GNIS) to change its listing for Lake Ontario to Lake America. Despite Canada’s opposition, Google and Apple also recently updated their maps and changed the name to Lake America.
Trump’s executive order, issued after he took office on January 20 last year, directing that the name “Gulf of Mexico” be changed to “Gulf of America,” has also been effective within the United States. However, countries around the world, including Mexico, have not accepted the name change.
Trump’s suggestion that the Strait of Hormuz be called the Trump Strait may be propaganda intended to convince U.S. voters that the United States controls the waterway ahead of the midterm elections on November 3.
Trump and his administration claim that Iran has lost control of the strait and that the United States Navy has taken full control, despite disruptions to transit through the Strait of Hormuz following attacks on Iran. Even after two oil tankers were struck, Trump maintained that the strait was fully open.
The Trump administration has further claimed that oil exports from the Persian Gulf region have actually increased compared with before the war with Iran. It says this includes volumes exported by Saudi Arabia and the United Arab Emirates through overland pipelines that bypass the Strait of Hormuz.
U.S. Secretary of Energy Chris Wright told CNBC on June 3 that more than 17 million barrels of oil had been transported through the strait as of May 31, the highest figure since the war began. Before Trump launched the war with Iran on February 28, the average daily volume of crude oil and petroleum products transported through the Strait of Hormuz was around 20 million barrels.
[email protected] Song Kyung-jae Reporter