Will Trump rename the Strait of Hormuz? Before Oct 1, 2026

If Donald Trump has taken any signed executive action renaming the Strait of Hormuz to any different name after Issuance and before Oct 1, 2026, then the market resolves to Yes. The qualifying action must be of the specific type designated (executive order, presidential memorandum, proclamation, directive, determination, or finding), be signed by the President personally during the specified time period, and explicitly address the topic in the document's operative provisions, title, or official White House summary. Actions must have legal or policy effect - ceremonial proclamations without policy impact do not qualify unless specifically included. Actions that only incidentally mention the topic, statements without formal action, actions by cabinet members, legislative proposals without executive action, and signing statements do not qualify. The action must be publicly announced or documented by a Source Agency before expiration. The action must adopt or direct adoption of a replacement for the preexisting name Strait of Hormuz for United States official use. Merely using an alternate, honorary, or informal name does not qualify. A map, database, registry, contract, or other record change by an agency without the President's qualifying action does not qualify. An action covering only a portion of the waterway designated by the United States qualifies. Adoption by another country or an international body is not required.