At the FII Priority Summit held in Miami Beach, Florida, U.S. President Donald Trump referred to the Strait of Hormuz as the 'Trump Strait' during his speech. Addressing the audience, he quickly corrected himself, saying he meant the Strait of Hormuz, and then joked that the media would label it a mistake. Trump added humorously that he rarely makes mistakes.

In the same address, Trump issued a stern warning to Iran, demanding that the country fully open the vital waterway. He threatened to destroy Iran’s power plants if it failed to comply. However, he also mentioned that discussions with Tehran were ongoing and announced an extension of his previously set deadline by ten days.

The remarks, reported by CNN, come amid heightened tensions over control of the Strait of Hormuz, a key global shipping route, and reflect Trump’s continued hardline stance toward Iran.