The Strait of Hormuz remains closed as Iran insists it is under its control, rejecting claims made by President Trump that the U.S. will soon declare it a U.S. territory. Amid escalating tensions, Trump continues to assert that the U.S. has total control over the vital waterway, a statement met with defiance from Tehran, which has placed a $30,000 bounty on U.S. soldiers. Trump has also announced plans to address the issue in his speeches, suggesting the waters could be claimed as U.S. territory, further straining U.S.-Iran relations. Meanwhile, Jared Kushner is reported to be traveling in Egypt and Israel, and Israel has conducted airstrikes in Lebanon, indicating broader geopolitical tensions in the region. Oil prices are surging in response to these developments, raising concerns about market stability.