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Revealed: Why Iran's Hormuz deal can spell trouble for Trump & US army; Mojtaba to boost missile...

Summary by Hindustan Times
Iran is reportedly considering a new plan to use revenue linked to the Strait of Hormuz, with an Iranian lawmaker proposing that 40% could go toward strengthening the armed forces and military infrastructure, while 60% supports public welfare. The proposal comes as tensions between Tehran and Washington remain high. Meanwhile, Iran and Oman are reportedly preparing a joint statement on the strategic waterway, potentially outlining a new passage …

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Hindustan Times broke the news in New Delhi, India on Wednesday, August 19, 2026.
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