Trump claims the U.S. now has "complete control" of the Strait of Hormuz.

The guy lies so much he probably believes his own BS at this point.

Straits = critical oil chokepoint. Any escalation here hits energy markets hard, which bleeds into risk assets.

If this is posturing for Iran negotiations, expect volatility. If it's just another unhinged claim, markets will ignore it until they can't.

Watch $BTC and risk-on assets. Geopolitical FUD like this can trigger quick liquidations or safe-haven flows depending on how serious things get.