Trump Says US Has 'Total Control' Over Strait of Hormuz

Watch on YouTube ↗  |  May 05, 2026 at 16:42  |  0:42  |  Bloomberg Markets
Speakers
Donald Trump — President of the United States

Summary

President Donald Trump claims the US has total control over the Strait of Hormuz, praising the blockade and asserting that Iran wants to make a deal. He emphasizes the effectiveness of sanctions and describes Iran's currency as worthless.

  • Trump says US has total control of the Strait of Hormuz.
  • He describes the blockade as amazing and unchallenged.
  • Trump states that Iran wants to make a deal.
  • He highlights that sanctions on Iran are unprecedented and effective.
  • Trump claims Iran's currency is worthless.
Up Next
1:27:05
Stocks Near Highs As Earnings Roll On | Open Interest 5/5/2026
Bloomberg Markets · May 05
12:57
Watch CNBC's full interview with FDA Commissioner Marty Makary
CNBC · May 05
3:24
Onsemi CEO Hassane El-Khoury on demand for compute
CNBC · May 05
3:13
Shopify President Harley Finkelstein: AI makes entrepreneurship ‘dramatically more accessible’
CNBC · May 05
2:34
SEC Unveils Proposal for Semiannual Reporting
Bloomberg Markets · May 05