New Delhi, March 28 -- US President Donald Trump dubbed the Strait of Hormuz, a crucial waterway for oil traffic controlled by Iran, as the "Strait of Trump" in a slip-up.

He quickly corrected himself, saying that his comment was a "mistake". But Trump, who has renamed several buildings in Washington after himself during his second term, then added that "there's no accidents with me."

The Strait of Hormuz was open to international shipping before the conflict, but has since ground to a standstill, leading to a surge in global energy prices.

"We're negotiating now, and it would be great if we could do something, but they have to open it up," Trump told a Saudi-backed FII Priority investment forum in Miami. "They have to open up the Stra...