Trump Asserts US Control Over Strait of Hormuz and Warns Iran of Force
Trump said the Navy has full control of the Strait of Hormuz and warned Iran could face a forceful response as oil markets stayed on edge.
- President Donald Trump claimed the U.S. Navy has "100%" control of the Strait of Hormuz, even as oil prices surged following deteriorating prospects for a deal between Tehran and Washington.
- Prices for U.S. crude rose 2% early on Tuesday, building on an over 5% gain from Monday to trade at $82.80 per barrel, while Brent crude climbed 2.2% to $89.62.
- Jefferies economist Modupe Adegbembo told CNBC that market moves won't be so "benign" if the current deadlock between the U.S. and Tehran continues into next week.
- "It's open now," Trump told reporters, asserting the U.S. is "the only one that has control of the Strait of Hormuz right now," despite investor uncertainty.
- Asian markets traded mixed on Tuesday as the standoff persisted, with South Korea's Kospi posting gains while Hong Kong and mainland Chinese markets declined.
85 Articles
85 Articles
According to a British authority, Iran's attacks and harassment in the Strait of Hormus stop, so only a few merchant ships pass through the Strait. But US President Trump affirms that he has control of them and sends a new warning to Tehran.
The price of Brent rises on Wednesday by 0.8% to reach 89.61 dollars per barrel.
Treasury Secretary Says the Strait of Hormuz Will Be Irrelevant in Two Years - So, What Are We Fighting For? » Sons of Liberty Media
OK. So What Are We Fighting For? August 4 Lie Bessent Feuds with the Wall Street Journal I support this view regardless of what one makes of the argument. This is degrading to the Treasury Dept and to the Secretary himself. Such tantrums are unbecoming and gratuitous. These remarks are also unjustified. Treasury Secretaries should …
The Strait of Ormuz remains at the center of the confrontation between the U.S. and Iran. While U.S. President Donald Trump said Tuesday that Washington has the "total control" of the strategic maritime route, the new secretary of the Iranian Supreme Council of National Security, Mohsen Rezaei, warned that the passage "will remain closed" until a series of demands addressed to the U.S. go through the "end of war and blockade" of the enclave."Rig…
The President of the United States, Donald Trump, said on Tuesday that his country has the "total" control of the Strait of Ormuz , an enclave strategic point, turned into the main weapon of pressure in the conflict in the Middle East. "Right now we have total control of the Strait of Ormuz. They (the Iranians) do not control it. We have total control. It is ours," the U.S. president stressed in statements to the media. He did so after saying th…
US President Donald Trump stated that he does not trust Iran regarding negotiations, saying, "I am the last person to trust Iran. They have constantly lied to me."
Coverage Details
Bias Distribution
- 51% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
