Trump renames Strait of Hormuz to "Strait of Trump" by May 31?
June 1, 2026 · $1.7M volume
Why it resolved
Trump never made an official announcement that the United States would officially refer to the Strait of Hormuz as the 'Strait of Trump' or similar. He made casual remarks in March 2026 (calling it the 'Strait of Trump' at a Miami investor forum on March 27), and posted a map on April 30 showing the renamed strait, but neither constituted an official US government announcement as required by the resolution criteria. The market decayed from its 8¢ opening/high toward 0¢ over the final month as the deadline approached without the required official announcement materializing.
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