The war between the US and Iran has slowed down, as peace prospects dim with President Trump in no hurry to reach a peace deal. The apparent slowdown of actions comes as the President insists the US is controlling the Strait of Hormuz, as major US defense firms race to make cheaper missiles to b...
Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-08-17/trump-likes-the-idea-of-declaring-hormuz-a-territory-video)