President Trump's recent Truth Social suggestion on September 2 to rename the Strait of Hormuz the "Trump Strait," made amid U.S.-Iran clashes and claims of American control, has not advanced to any formal executive order or federal geographic naming process. He later described the idea as merely "thrown out there." While prior executive orders have updated U.S. federal references for domestic or continental-shelf features like the Gulf of America and Lake America, the strait remains an international waterway outside U.S. sovereignty. International recognition, shipping conventions, and maps from other nations would not change through unilateral U.S. action alone. Traders assign a 95% probability against completion by December 31, reflecting these procedural and geopolitical barriers rather than any confirmed implementation timeline.