Trump calls on world to build ‘delayed courage,’ seize key oil route from Iran

This material may not be published, broadcast, rewritten, or redistributed. ©2026 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by LSEG. President Donald Trump renewed his call for U.S. allies to "build up some delayed courage" against Iran and seize the Strait of Hormuz. President Donald Trump called on the world's countries to "build up some delayed courage" and "just take" the Strait of Hormuz while addressing the nation in a primetime speech about Iran Wednesday night. Movement in the Strait, which is a narrow but crucial global oil trade passageway, has been greatly hampered by Iran, which the teetering country has held out as one of its bargaining chips. Iranian interference in the strait has significantly impaired the movement of oil tankers through the strait, causing global oil prices to rise. Trump said that while the U.S. "imports almost no oil through the Hormuz Strait and won't be taking any in the future," the "countries of the world that do receive oil through the Hormu