Strait of Deception: Trump's Hormuz Gambit Exposed The latest salvo in the Iran US conflict has been fired by President Donald Trump, who on Monday suggested that his administration could "keep the oil" in Iran, echoing the US control over a significant portion of Venezuela's vast oil reserves.
The remark comes as Oman postponed a crucial meeting with Iran and regional countries to discuss the future of the Strait of Hormuz.
Trump's statement appears to be a brazen attempt to bully his way to a favorable outcome in negotiations by invoking the Venezuela model, which normalizes the idea that the US can simply take what it wants – oil riches.