TREE NEWS update: US Defense Secretary Pete Hegseth said Iran believed it held leverage in the Strait of Hormuz, but that the United States has taken it away. “We control the Strait of Hormuz,” Hegseth said, adding that Iran does not hold the leverage it thought it had. The remarks address the strategic waterway through which a large share of global oil shipments passes.
US Defense Secretary Hegseth Says US Controls Strait of Hormuz
Hegseth's claim reframes the Strait of Hormuz from a point of Iranian leverage into an assertion of US control, which matters less as a military fact than as a signal about risk perception around the world's most critical oil chokepoint. For energy and shipping markets, the relevant question is whether that framing holds if tensions escalate, since any disruption there transmits quickly into freight, insurance and crude pricing. Whether the rhetoric is matched by a durable change in the security posture is the open question.
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