Nobody legally owns an international waterway’s name.

Iran and Oman control the strait’s actual waters and shipping lanes.

Hydrographic names are set by each country’s own charting agency, not decreed by executive order.

A precedent already exists: the Persian Gulf naming dispute has run unresolved for 70 years.

How each outlet framed it

drawn from 400+ reports worldwide

CNBC
Hindustan Times leans critical
asserts US military control over Hormuz, situates rename within Trump's pattern of unilateral geographic assertions neighbors rejected
Українська правда

Sources: CNBC, Hindustan Times, Українська правда