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US President Donald Trump told CBS News in a phone interview that the US war with Iran is "mostly" over and said he is considering the possibility of "taking control" of the Strait of Hormuz, warning Tehran against disrupting this critically important waterway. Commercial shipping through the Strait of Hormuz—through which about 20% of the world's oil supplies pass—has essentially halted, focusing market attention on energy security risks. After the interview, US benchmark crude oil temporarily fell by 13.7% (per barrel$13 before trimming losses; major US stock indexes closed higher after trading mostly lower earlier in the session.