Bankruptcy might keep the Strait protected by court order...?

https://www.cbc.ca/news/world/trump-iran-strait-hormuz-us-territory-9.7307977

::: spoiler Transcription:

Michael scott declares bankruptcy template

Trump: I declare that the Hormuz Strait is American Territoryyyy

Iran: You can't just say American Territory and expect anything to happen

Trump: I didn't say it, I declared it! :::