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strait of hormuz
Trump Threatens to Rename Strait of Hormuz for Himself as War Pushes Diesel Prices Toward Record High
One petroleum industry analyst now projects potential record-breaking prices for diesel fuel by Labor Day.
Sep 02, 2026
More than six months after starting an illegal war with Iran, President Donald Trump is now threatening to rename the Strait of Hormuz, whose closure at the start of the conflict led to a global spike in energy prices.
In a Wednesday social media post, Trump falsely claimed that the strait is "under USA control" and then mused on whether to "change the name... to TRUMP STRAIT???"
"Like America itself, it would be 'hotter' than ever before!" the president added. "Thank you for your attention to this matter."
In reality—despite Trump's previous threats to declare the vital commercial waterway a US territory—the US does not have control of the Strait of Hormuz, through which roughly 20% of the world’s oil supply travels.
Al Jazeera reported on Wednesday that Iran's Persian Gulf Strait authority has added eleven more ships to its list of more than 50 vessels that are banned from traveling in the strait.
Iran's Islamic Revolutionary Guard Corps (IRGC) on Wednesday also claimed that two oil tankers that were traversing the strait caught fire after striking sea mines, according to Al Jazeera.
The price of Brent crude petroleum rose once again during Wednesday trading, climbing up over $95 per barrel. Data released Wednesday by the American Automobile Association (AAA) showed that the price of gas in the US has risen to $4.12 per gallon, while the price of diesel fuel has risen to $5.69 per gallon.
While most Americans deal with the price of gasoline on a daily basis, the price of diesel fuel might have an even larger impact on the overall economy given that diesel is used to power the vehicles that ship consumer goods in the US.
In a Wednesday social media post, petroleum industry analyst Patrick De Haan wrote that diesel prices are rising so quickly that "we could even break the all-time diesel record ($5.819/gal) by Labor Day."
Last month, Trump responded to collapsed trade talks with Canada by renaming Lake Ontario as "Lake America." Much like the illegal war with Iran, Trump's trade war with Canada is raising prices on goods paid for by US consumers.
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Iran Says Trump's New Attacks Show Americans 'Stuck in the Massive Error They’ve Made'
"We cannot accept any orders being dictated upon us," said the spokesperson for Iran's Foreign Ministry. "If they continue with this philosophy, they will not get any different result.”
Sep 01, 2026
As US President Donald Trump returns to bombing Iranian territory, Esmaeil Baghaei Hamaneh, the spokesperson for Iran's Foreign Ministry, said at a press conference on Tuesday that it's only a sign of the quagmire he's found himself in, and emphasized that the only way out will be negotiation rather than force.
"It has become clear they are now stuck in the massive error they’ve made, and it’s their usual habit to raise excessive demands," Baghaei said, noting that mediation efforts by Pakistan were continuing even as the Trump administration claims that Iran is refusing "meaningful negotiations."
When Trump launched the war in February, he predicted that Iran would be brought to its knees in a matter of weeks. Six months later, there is no sign that an end to the conflict is in sight as Trump rejects a return to the negotiating table.
Baghaei said it's clear that the US was once again falling into "a state of miscalculation." Iran, he said, had been adhering to the Memorandum of Understanding reached in June, while the US refused to abide by its terms of ending its economic blockade, unfreezing assets, and ending threats of aggression, as well as ending attacks by US ally Israel in Lebanon.
Baghaei said Iran was willing to reach another agreement to end the war. The problem, he said, was that Trump had shown himself unwilling to follow any deal that included concessions to Iran and was demanding its full capitulation.
"We cannot accept any orders being dictated upon us," Baghaei said. "If they continue with this philosophy, they will not get any different result.”
Iranian President Masoud Pezeshkian echoed Baghaei's position on Tuesday, saying that Iran would “immediately reciprocate” if Washington honored its commitments under the June interim agreement.
Failing to break Iran with military might, Trump tried to switch last month to a strategy of "economic warfare," imposing "the toughest sanctions in history" and pressuring other nations around the world to do the same in an effort to isolate Iran and fully topple its government.
Baghaei acknowledged that US sanctions were having a devastating effect on the people of Iran. According to Reuters, Iran's foreign trade is down by 35%, and inflation reached 66% in July, cranking up the pain felt by the civilian population.
But efforts to create the "greatest coordinated economic isolation in the history of the world," as Treasury Secretary Scott Bessent described it, have faced resistance, with Iran's major trading partners such as China and Pakistan refusing to cut ties.
"Six months of US bombing and naval blockade have produced no US victory, so the plan now is to starve Iran into capitulation," wrote Columbia University professor Jeffrey Sachs and UN Sustainable Development Solutions Network adviser Sybil Fares on Monday for Al Jazeera. "The new approach is illegal, cruel, and will fail for several reasons."
"To begin with, there is the historical record. Economic sanctions do not bring down governments determined to survive them. Yes, sanctions can impoverish populations, empower the security services that control smuggling, and hand the targeted nation a rallying point built on US malice," Sachs and Fares wrote.
They added that at a time when Iran's restrictions on travel through the Strait of Hormuz have spiked oil prices and sent shocks through the global economy, there is little incentive for the world to cut off Iran's oil exports as well.
"The US proposes to deepen a stagflationary shock already being borne by Europe, Japan, and its other allies, and orders those countries to enforce sanctions that will throttle their economies," they wrote.
And due to Trump's erratic policy, disregard for the United Nations Charter in launching a war of aggression, and the demonstration that his assurances are "unreliable," Sachs and Fares noted that countries are increasingly reaching agreements that rely less on US military guarantees and dollar-based trade.
"Pride goeth before the fall, and no government today is more arrogant than the US under Trump and his enforcer, Bessent," they wrote. "Governments around the world will not follow the US blindly into disaster."
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How Trump Is Trying to Keep His Iran War From Further Blowing Up in His Face
Trump wants to play down the connection between rising inflation and gas prices, on the one hand, and his foolish war of choice on the other. But will US voters or the Iranians let him?
Aug 31, 2026
Despite the excitement around Donald Trump’s new sanctions and even the US strikes against the Iranian island of Larak just hours ago, much suggests that Trump is not seeking a dramatic ratcheting up of pressure on Iran.
According to reports Sunday, the U.S. military hit Iranian launchers on the island to prevent Tehran from planting new mines in the Strait of Hormuz. This is the first known U.S. strike against the country since Trump announced a ceasefire in July. Details are forthcoming.
Meanwhile, the much-touted “major financial institution” that Treasury Secretary Scott Bessent promised to sanction for dealings with Iran turned out to be nothing more than Egypt’s second-largest bank. Though Banque Misr ranks among the region’s major banks, it is a dwarf beside the multi-trillion-dollar giants of global finance.
It should come as no surprise that there is more bark than bite in Trump’s latest sanctions moves. That is not to say Bessent’s economic warfare won’t hurt ordinary Iranians or squeeze the Iranian economy. It will. But there is little to suggest that the pain will compel Tehran to submit to Trump — or that the sanctions are even designed to inflict significant harm, despite his rhetoric.
Rather, Trump appears to be pursuing a very different gamble: maintaining a low-level conflict until the midterms—neither securing a diplomatic deal nor allowing the situation to deteriorate into full-scale war. A period of relative tranquility that pushes Iran out of the headlines and, in the run-up to the elections, weakens the connection between rising inflation and gas prices, on the one hand, and Trump’s foolish war of choice, on the other.
The D-Day sanctions help create the perception that the U.S. has the upper hand while increasing pressure on Iran. Together with increased traffic in the Strait of Hormuz, they make the status quo more costly for Tehran than for Washington — but not so costly that Iran is incentivized to counter-escalate in the short term.
Rather, it is a slow strangulation designed to ensure that, for the next two months, there is neither headline-grabbing diplomacy nor military escalation.
This gives Tehran little cause for immediate panic. Its response will largely depend on what Washington does next. I see three possible scenarios.
Trump may overshoot, pushing Iran beyond what Tehran deems manageable in the short term. For instance, the strikes against Iranian positions on Larak island will very likely generate an Iranian response. Moreover, if Trump confiscates Iranian oil tankers bound for China, Tehran will almost certainly respond by intensifying attacks on ships using the southern corridor of the Strait, while potentially also targeting energy infrastructure in the GCC. China, too, would likely respond forcefully to such a move. The result would be precisely the kind of escalation Trump wants to avoid over the next two months.
In the second scenario, the D-Day sanctions neither incentivize Iran to counter-escalate in the short term nor alter its medium-term calculations. Tehran reckons that, despite the hype, its closure of the Strait remains sufficient and that the mounting economic pressure on Trump will eventually compel him to return to the table with a more pragmatic posture.
Though this is not the most likely outcome, it helps explain why Iran is investing heavily in regional diplomacy even as all signs point to Trump not wanting a deal at this juncture.
Omani, Pakistani, and Qatari diplomats are engaged in intense diplomacy with Tehran over the Strait. According to my sources, Trump has signaled directly to Iran that he will not lift the blockade even if Tehran reopens the Strait, nor does he favor returning to the earlier Memorandum of Understanding. Again, keeping Iran out of the headlines in the run-up to the elections requires avoiding developments of either kind—military or diplomatic.
By engaging with regional mediators, Tehran achieves three objectives. First, it demonstrates to its domestic public that the war’s prolongation is due to American intransigence, not Iranian inflexibility. As the war drags on and Iranian civilians grow weary, controlling the blame narrative becomes increasingly important to Tehran. Fortunately for Tehran, Trump’s categorical public rejection of diplomacy plays directly into Iran’s hands.
Second, this diplomatic engagement is also crucial for the regional blame game. If the war resumes, who regional states blame matters considerably, particularly because the war will inflict a heavy price on them. Tehran needs to demonstrate to regional governments that Iran is willing to compromise while Trump refuses even to negotiate.
Finally, the current diplomacy builds regional consensus around specific solutions and principles. If Trump returns to the table, an infrastructure of semi-completed agreements with regional buy-in will already be in place — built while Trump voluntarily absented himself. Trump will pay a price if he seeks to unravel the progress the region made while he sulked in the White House.
But the most likely scenario is neither immediate escalation nor a post-midterm return to talks. Rather, in this scenario the Trump administration’s newfound confidence proves warranted: the combination of new sanctions and growing traffic through the southern corridor of the Strait has created a new reality in which Iran is hurting more than the U.S., and its trajectory is becoming increasingly — but not dramatically — negative. Iran will therefore be weaker in a few months, and in a less favorable diplomatic and military position.
While this will incentivize Iran to counter-escalate, Tehran may choose to delay its response and wait for a more opportune moment. If Washington wants to keep things quiet until the midterms, Tehran may conclude that the optimal moment to strike back is two or three weeks before the Congressional elections, maximizing the political damage to Trump.
But Iran may not limit its response to tankers in the Strait. Iranian officials say, both publicly and privately, that they expect the U.S. and Israel to resume the war after the midterms regardless of the impact of the D-Day sanctions. Regional diplomats have largely reached the same conclusion. If sanctions weaken Iran over time while the global economy recovers and adjusts to the new reality in the Strait, a prolonged pause will work against Tehran. Iran may therefore decide to escalate dramatically, taking full advantage of Trump’s perceived vulnerability in the run-up to the elections.
Iran appears encouraged by its performance in the second round of the war and by how quickly Trump halted his attacks. The first round lasted 38 days; the second just 13. Yet more than half of the American casualties were inflicted during the second round, despite it lasting only a third as long.
While only one out of a plethora of variables in this war, the impacts of the second round suggest that American force protection had weakened, interceptor shortages had become more acute, and Iran had learned more from the first round of fighting in February than America did. Tehran appears to have improved both the sophistication of its attacks and the intelligence behind them. Iran had spent decades studying how America fought in Iraq and Afghanistan. Now, for the first time, it had direct experience fighting the United States — and Tehran has learned faster than Washington had anticipated.
Still, while Iran’s calculation about Trump’s electoral vulnerability may prove correct, its apparent belief that an election loss will restrain Trump in 2027 may be misplaced. A Trump humiliated at the polls and potentially facing a third impeachment attempt may be forced to play defense at home, but precisely because of his domestic troubles, he may also be incentivized to lash out abroad. Freed from electoral constraints, Trump may be willing to take risks he previously eschewed, including deploying ground troops.
After all, it was in the period following his November 2020 defeat that Trump displayed an unprecedented appetite for risk. Then-Chairman of the Joint Chiefs of Staff General Mark Milley feared Trump might either provoke a war with Iran after losing the election or manufacture a domestic crisis to justify using the military and potentially remain in power.
Trump reportedly floated proposals for an attack on Iran, which Milley vehemently opposed. “You're gonna have a fucking war,” he prophetically told Trump. Will there be a General Milley in Trump’s inner circle after the midterms?
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Trump May Be Unique, But He's Following a Long US Tradition of Losing a Pointless War
Despite what anyone, including him, might have learned from American history since 1945, he decided to go to war with Iran anyway in 2026.
Aug 29, 2026
I was born on July 20, 1944, in the midst of World War II. My father had just returned from Burma where he had been operations officer for the 1st Air Commandos in the China-India-Burma Theater. I, of course, remember nothing about that war—except that my father (on extremely rare occasions) would barely mention what he had gone through but would sometimes take me to World War II movies like The Caine Mutiny and Merrill’s Marauders at local movie theaters.
In a country that has never stopped fighting wars, however, that’s certainly the last one that any American could truly be proud of, the global defeat of Nazi Germany and Imperial Japan.
In fact, we’re talking about a country that, between 2001 and 2024, spent an estimated $21 trillion on its military, which, it turns out, was equal to the military spending of the next 18—yes, 18!—countries combined (if you can even believe it). And in those years, of course, like the 55 preceding ones, the United States managed to never—no, never —actually win a significant war (or, in truth, even come close). In short, President Donald Trump’s present disastrous war with Iran is anything but out of the ordinary when it comes to American military power destroying all too much, but sooner or later finding itself in a remarkably dead-end situation (with an emphasis on dead, of course).
Just imagine for a moment that you had been asked in 2001 to invest $21 trillion taxpayer dollars in a military that would fight wars across the planet without a success in sight after World War II (other than perhaps the invasion of the helpless Caribbean Island of Grenada in 1983). It doesn’t matter whether you’re talking about the Korean War of 1950, the nightmarish Vietnam War that engulfed the 1960s and early 1970s, the Afghan and Iraq wars of this country’s calamitous War on Terror early in this century, or more recently Donald Trump’s wars, which have proven to be one disaster after another, from Somalia to Iran at this very moment.
At the very least, the Iranians should consider renaming the Strait of Hormuz, the Crooked of Donald Trump.
And that should be considered strange indeed. I doubt there’s another example in history of a great imperial power that, for a significant part of its rise (and potential fall) simply couldn’t win a war.
It certainly gives that old song “War (What Is It Good For?)” with the response “absolutely nothing” new meaning. Of course, if you happen to be Donald Trump and you’re the president who simply can’t win a war (which certainly leaves you in good company among American presidents of the last 80 years or so), then the least you can do, when it comes to Iran, is declare that the Strait of Hormuz, through which about 20% of global oil and even more natural gas used to pass and which was closed down by the Iranians in response to his warring acts (distinctly harming the global economy), is now actually US property, or, to be specific, a potential “territory of the United States.” (Phew, that was exhausting!)
And hard as it might be to believe, he really did say that recently. How logical, right? After all, it’s only perhaps 6,500 miles or so from Washington, DC. So, what could possibly make more sense?
Of course, I’m sure you won’t be surprised to learn that Iran’s Deputy Foreign Minister Kazem Gharibabadi responded that, whatever Trump might think, the Strait “cannot be seized with a tweet, nor with an aircraft carrier, nor by issuing an order, nor through an election speech.” He added, “This strait will only be opened and closed under Iran’s command, and as long as you do not accept the reality of defeat and stop indulging in delusions, Iran will continue to enforce the blockade.”
Defeat Donald Trump? In what world could that possibly happen? How delusional could the Iranians be about our distinctly delusional president?
Oh, but in case you think that’s just so much enemy blather, the fact is that, in the ongoing war with Iran, the US has already lost about one-quarter of its crucial Reaper Drones, valued at $30 to $50 million each (or more than $1.3 billion worth of them), mainly around—yes, of course!—the Strait of Hormuz. And many of them have been taken down by Iranian drones valued at $20,000 to $50,000 each.
And while losing so many of its drones, the Trump administration has also been losing other things as well, including its previous insistence that a complete Iranian surrender was the order of the day. No longer, it seems. Now, all that it appears Donald Trump wants (whatever he’s said) is the reopening of the Strait of Hormuz and the free flow of oil and natural gas globally. In other words, what he now yearns for is essentially a return to the very situation that existed six months ago just before he launched his disastrous war.
Or as Vice President JD Vance put it recently, all the Trump administration now wants is to ensure “that the Gulf countries continue to send oil and gas to the world economy so that we have energy price stability,” and, of course, to ensure as well that the Iranians won’t ever have a nuclear weapon. No matter that, as far as anyone knows, they are not faintly close to having, no less possibly even trying to develop such a weapon.
On the other hand, the Iranians are now threatening to continue the state of war with the US until the end of Trump’s second term in office in 2028 (and his approval ratings are, of course, already plunging to new lows). As a senior adviser to the commander of Iran’s Revolutionary Guard put it: “One way is to prolong this war until we get to the next term of the presidency and cause attrition, so that if anyone else wants to attack Iran, they will know there is a cost... We have to attain deterrence so that the enemy never dares to attack us, so we can live with security.”
And let’s not forget that, lest you think Donald Trump has learned anything from all of this, he has only recently been threatening to “bomb the shit out of” long-time American ally Oman, if it “gets in the way” of his Iranian plans—and what, I ask you, could possibly go wrong with that? (I can’t even imagine.)
Of course, we’re talking about the rule (or do I mean reign—or perhaps I actually mean rain, or even thunderstorms or tornados?) of Donald Trump, a president for whom, according to a recent poll, only 29% of potential voters in the coming midterm elections approve of how he’s handling the situation with Iran.
And yet, sad to say, what’s new? Not much, it seems. After all, Trump, who may indeed be unique in so many ways, is proving anything but unique as president of the greatest power on planet Earth (in certain ways, perhaps the greatest in history) when it comes to making war all too miserably, even disastrously. In fact, give him a certain amount of credit. After all, despite what anyone, including him, might have learned from American history since 1945, he decided to go to war with Iran anyway in 2026. It evidently mattered not at all to him that the most obvious and self-evident fact about American war making since 1945 is that defeat (or minimally nothing faintly approaching victory) would essentially be guaranteed. And yet, he still managed to launch another disastrous all-American war on this distinctly embattled planet of ours.
At the very least, the Iranians should consider renaming the Strait of Hormuz, the Crooked of Donald Trump, and let me just hope that I’ll never have to take one of my grandchildren to a movie about his disastrous war.
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Iran War Trump Said Would Be Quick Has Now Lasted 6 Months With 'No End In Sight'
Trump has "lost the Iran War in every way possible in less than six months," said one critic.
Aug 28, 2026
The illegal war with Iran that President Donald Trump said would be over in a matter of weeks entered its sixth month on Friday, and there is little sign of it wrapping up in the near future.
A Friday report in The Washington Post marking the six-month anniversary of the illegal war noted that Trump's ability to decisively win the conflict declined markedly "after Iranian leaders discovered that they could withstand intense bombardment and slowly degrade the world’s most powerful military with a cheap combination of mines and drones."
The biggest weapon in Iran's arsenal has been its ability to shut down the Strait of Hormuz, a vital shipping lane for petroleum. Since the strait's closure, oil and gas prices have soared, costing US consumers an estimated $71.5 billion more to fill up their cars than they otherwise would have paid.
Trump this week has tried to claim that the strait has actually been reopened, but the Post found that the president's proclamations do not match reality.
"More than 100 ships traversed the Strait of Hormuz on average every day before the war," the Post wrote. "Just five went through on one day this week, according to Kpler, a commodities and shipping tracker."
A Friday report in The Associated Press focused on the White House's announcements this week of new measures to put economic pressure on Iran, which are a sign that the administration no longer thinks it can use military force to force Tehran's hand.
"The turn to using sanctions as the cudgel of choice," wrote the AP, "comes as the administration weighs diminished munitions stockpiles after months of war, sparking concerns that the prolonged conflict could undermine US military readiness in other parts of the globe."
The AP also flagged a shift in rhetoric from Trump, who once promised the war would end quickly but now says he's "not in a hurry" to end the campaign.
Harrison Mann, a former US Defense Intelligence Agency officer, wrote in an analysis published by Zeteo on Thursday that Trump has "lost the Iran War in every way possible in less than six months," which he said would mark "the arrogant, violent end of American dominance in the Middle East."
In fact, Mann argued that Trump lost the Iran War three different ways: The first in his failed attempt to force regime change in Tehran, the second in an aborted campaign to incite an Iranian Kurdish uprising, and finally in his desperate efforts to reopen the Strait of Hormuz.
All of these failures have combined to put Iran in a decisively stronger position than it was in before the war began, Mann wrote.
"After another four months of Trump threats, half-hearted bombing runs, and not one but two US blockades of Iran, Tehran’s military exercises formal authority over at least a third of the ships transiting the strait," he wrote. "Plus, it now regularly shoots at 'unauthorized' ships with impunity."
US Rep. Don Breyer (D-Va.) summed up the failure of Trump's war in a Friday social media post.
"When Trump began his illegal, unpopular war with Iran, he said it would last a week," Breyer wrote. "SIX MONTHS later: The administration has lied about our casualties and the deaths of civilians, the stated objectives haven't been met, Iran has a new economic weapon in the Strait of Hormuz, the region is less stable, our prices are higher, our allies are angry, our adversaries are emboldened, and there's no end in sight."
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After Bessent Comments, China Warns US That It Cannot Sanction Iran Out of Existence
A spokesperson for the foreign ministry of China, which receives 80% of Iran's oil exports, said that going along with Trump's "economic warfare" will "only lead to escalation that serves no one’s interests."
Aug 21, 2026
The Trump administration is once again threatening to carry out "regime change" in Iran, this time using what President Donald Trump described as "economic warfare" against the nation rather than military might.
But as Treasury Secretary Scott Bessent demands the world play along with efforts to isolate Iran, the second-largest economy, China, is refusing to join the US sanctions campaign.
The Trump administration has failed to use military means to force Iran to open the Strait of Hormuz after it began restricting travel in retaliation for US and Israeli attacks in late February.
On Thursday, Bessent told CNBC that the new approach is to impose the "toughest sanctions in history” on Iran, ramping up a strategy that has inflicted suffering on the Iranian people but failed to force its leaders out of power for nearly 50 years.
Bessent emphasized that it would only work with the help of "all of our allies" carrying out the "greatest coordinated economic isolation in the history of the world."
He made very explicit the goal of ratcheting up pressure on the regime by inflicting pain on the nation's 90 million people, by causing "substantial inflation, both food inflation and ordinary inflation in Iran." He compared the effort to the use of sanctions to strangle the economies of Venezuela and Cuba, which have fueled humanitarian crises in both countries.
Bessent gave an ultimatum that every nation is "either with us or against us," and warned those who refuse to help with the administration's effort to "squash the economy" of Iran that the US would "put its full might and force toward enforcing against you."
He promised that any country that provides a "lifeline" to Iran would itself be sent into "economic oblivion."
Iran responded to the threats by vowing a fearsome retaliation. "With preparedness across land, sea, air, air defense, and cyberspace, Iran's armed forces will respond to the enemy's new threats with crushing, punishing, and devastating responses," said the chief of staff of Iran's armed forces, Maj. Gen. Ali Abdollahi.
Iran's parliament speaker, Mohammad Baqer Ghalibaf, acknowledged that the impact of further sanctions could indeed be devastating.
"We must make plans to deal with the unjust sanctions so that we can overcome them," he said. "No matter how much military power we have, we won't survive if people are hungry and we don't have financial turnover, economic growth, and national production."
As the US imposes its own blockade on Iran's oil exports, Bessent called on China to "get with the program." China buys about 80% of the oil exported from Iran, and Bessent emphasized that half of China's energy comes from the Persian Gulf.
But Lin Jian, a spokesperson for China's Ministry of Foreign Affairs, said during a press conference on Friday that China would not cooperate with efforts to isolate Iran.
"China believes that military means, sanctions, and pressure tactics are not the solution. On the contrary, they will only lead to escalation that serves no one’s interests. We call for efforts to solve disputes through dialogue and negotiation," Lin told an Iranian government broadcaster.
Asked about the potential effects on China's energy imports from Iran, he reiterated, "China opposes illicit unilateral sanctions that lack basis in international law and UN Security Council mandate."
The question now is whether Trump will make good on his administration's threats and retaliate against China. It's likely easier said than done, as an economic war with the US's third-largest trading partner could further exacerbate the economic turmoil Trump is seeking to ameliorate before the midterm elections in November.
Danny Citrinowicz, a senior researcher at Israel's Institute for National Security Studies, suggested that China would be unlikely to surrender easily in that fight.
"China has a strong interest in preserving Iran under the Islamic Republic and maintaining Tehran’s strategic relationship, and growing dependence, on Beijing," he wrote on social media. "Any economic strategy that assumes China will eventually fall in line with Washington risks being built on a fundamentally flawed premise."
Shipping traffic through the Strait of Hormuz is still far below prewar levels, with the daily number of ships passing through in the single digits, according to Reuters.
Crude oil prices are still 30% higher than at the start of the war, while US gas prices are still up by more than a dollar per gallon.
But Trump, seemingly unwilling to admit that his campaign there has been anything less than successful, is continuing to claim that the strait is wide open thanks to US military action.
As Gregory Brew, a senior analyst on Iran and oil policy at the Eurasia Group, explained, this has left the administration's messaging on why exactly it is now pivoting to ruthless economic warfare appear like disjointed doublespeak.
"Bessent and others cannot say what this policy is meant to achieve—reopening the strait—because in the admin's telling, the strait is already open," Brew said. "As a result, this return to maximum pressure feels oddly devoid of purpose. The US is inflicting economic pain, felt mostly by Iran's people, rather than its rulers, for no clear reason."
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Iran Denounces Trump as 'Delusional' for Posting False Strait of Hormuz Map
The Iranian Parliament speaker said the strait will stay closed until the US blockade and oil embargo are lifted, and any party continuing its "aggression or threats" would face a "more severe defeat."
Aug 18, 2026
Just days after threatening to declare the Strait of Hormuz a US territory, President Donald Trump on Tuesday posted a map on his Truth Social platform with that label over the crucial waterway—and was swiftly called out by a top Iranian diplomat.
"Just as Trump correctly wrote the name of the Persian Gulf, his illusion about the Strait of Hormuz will soon be corrected—or we will correct the delusions of this delusional individual," Iran's deputy foreign minister, Kazem Gharibabadi, responded in Arabic on X.
Gharibabadi included a screengrab of Trump's post featuring a map that shows the strait, which is south of Iran and runs between the Persian Gulf and Gulf of Oman.
Since Trump and Israel began illegally bombing Iran on February 28, the Middle East country has restricted traffic through the strait, a key shipping route, particularly for fossil fuels. That has driven up fuel prices worldwide, including in the United States, where the cost for a gallon of gasoline just hit a record high for mid-August.
Despite the economic toll at home, the range of impacts across the Middle East—where nearly six months of war have killed thousands of people—and a plummeting approval rating, Trump said last week that "I'll never apologize, I did the right thing."
That declaration and Trump's threat over the strait came in a Friday speech on Long Island, after which critics across the United States and beyond condemned the president as a "completely unhinged lunatic" and "sadistic violent menace to the world" who ought to be impeached again.
By Monday, a 60-day ceasefire deal expired, and neither side has signaled any progress on talks to end the war—which Trump claims is aimed at stopping Iran from building nuclear weapons, even though his own intelligence agencies have said it wasn't trying to do so. Trump notably ditched the Obama administration's Iran nuclear deal during his first term.
According to Palestine Chronicle, Iranian Maj. Gen. Mostafa Izadi, deputy commander-in-chief of the Islamic Revolutionary Guard Corps, said Tuesday that "the enemy failed to destroy Iran's defensive capabilities and nuclear industries."
As for the strait, Iranian Parliament Speaker Mohammad Bagher Ghalibaf said that it will stay closed until the US blockade and oil embargo are lifted, and warned that any party continuing its "aggression or threats" would face a "more severe defeat."
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We Are All Living at the Mercy of Donald Trump's Brain
At any moment, any thought might enter it and the next thing you know... well, unfortunately, you already do know that, whatever it might be, we’re not likely to know until it smacks us all in the face!
Aug 18, 2026
Hey, President Donald Trump couldn’t have made it clearer that he wanted to go to war with Iran, could he?
You would think that even he wouldn’t have been dumb enough to start a war with that country, given the US record of (not) winning wars anywhere on Earth since World War II ended 80-plus years ago, not to speak of his repeated promises, when running for office again in 2024, that, unlike just about every president in recent times, there would be “no new wars,” not all-American ones anyway, once he was back in office—nope, nowhere on Earth. (Whew! That was a lot to get into a single Trumpian sentence!)
As “our” president bragged after his first term in 2023, “I was the only president in modern history who did not have any new wars.” (Okay, he did indeed fight ISIS for a while in Syria, but that, at least, was a passing moment.) And yet, just in case you missed it, here’s what he said relatively recently about Iran when questioned by an interviewer about the possibility of sending US troops there: “I absolutely feel that, yes, I don’t think there’s any question.”
Oh, wait, excuse me, I got confused (something that does happen to 82-year-olds). He actually said that in—yes!—1980. Can you believe it? Admittedly, at that time, Iran was holding some US diplomats and other Americans prisoner. Still, how strange that it’s actually been on his mind for quite so long and, of course, in 1980 he wasn’t president of the United States yet and so couldn’t put his passing thoughts into action. Now, of course, he is, a second time around and so... sigh... he has indeed gone to war with that country (no matter that Iran hasn’t held a US diplomat in almost half a century)... and so... sigh... here we are—or do I mean here we no longer are, or even here we aren’t?
The truth is that Donald Trump’s brain, returned to the White House by 49.8% of American voters in 2024, should make us all anxious (even them).
When it comes to war, it seems as if there simply is no learning curve, no curve at all in fact, for American presidents and certainly not for the one who now has the urge, among other things, to raise the Pentagon’s yearly budget from a mere trillion (yes, trillion!) dollars annually to a mere trillion and a half dollars (no, that is not a misprint!) a year, the largest suggested single year increase since the Korean War more than three-quarters of a century ago! (And no matter how many times I see that $1.5 trillion figure, I still can’t believe that he truly plans to try to do that, though I’m afraid that tells you more about me, despite my endless years covering American wars and military budgets, than it does about Donald J. Trump.)
As time passes and he even claims to be trying to make peace with Iran, his threats have also continued to rise, though anything he says could be contradicted 47 seconds later. He began, of course, by insisting that, if Iran didn’t reopen the Strait of Hormuz fast, “a whole civilization will die tonight, never to be brought back again.” That might even have been an implicit threat to use nuclear weapons. And when that Strait didn’t reopen anyway, he promptly backed down, only to more recently claim that a “duplicitous” Iran had just “one last chance” to make a deal or catastrophe would follow, militarily speaking.
And so it goes in the world of Donald J. Trump, or rather so it’s gone for the last—yes, can you believe it? six months! And as New York Times reporter Steven Erlanger recently made clear, and as the situation in Iran has indicated, President Trump has succeeded in turning the US into “an unpredictable instrument of global disorder,” while leaving Iran and Oman in charge of the fate of the Strait of Hormuz (and global trade more generally), while creating “a new form of forever war.”
“I Want to Give Them Every Last Chance Before Decapitation”
And yet in the strange world of You Know Who, everything could end more or less peaceably before this article even comes out or simply go directly up in flames. On the other hand, the American president who is not really known for his attention span could turn back to Greenland (which he’s been eying greedily for years) and respond to the closing of the Strait of Hormuz by a revenge act of closing the Northwest Passage (no matter that it has no relation to Iran at all).
And in truth, whatever happens as far as Iran is concerned (or for that matter Greenland) by the time this piece appears, who among us won’t have long known that, with such a president, we simply couldn’t be in a stranger, more happenstantial, less predictable universe? For all I (we) know, by the time it comes out or anytime thereafter, “our” president could be doing more or less anything, including, say, kidnapping the first secretary of the communist party and leader of Cuba, Miguel Díaz-Canel Bermúdez. After all, if he could do so for Venezuela’s leader, why not Cuba’s?
The truth is that Donald Trump’s brain, returned to the White House by 49.8% of American voters in 2024, should make us all anxious (even them). At any moment, any thought might enter it and the next thing you know... well, unfortunately, you already do know that, whatever it might be, we’re not likely to know until it smacks us all in the face!
As I was writing this, for instance, he said, of the Iranians, “I want to give them every last chance before decapitation… We’ll see what happens.” And added, “The Strait [of Hormuz] is going to be open very soon, or they’re going to [be] hit very hard, and then the Strait is going to be open.” Or, of course, closed or flipped upside down or sent to the moon, or... well, you can fill this in, since your guess is as good as mine.
Now, just before I end, think about that quote of his for a moment: Decapitating Iran is certainly no small thing and who knows what he actually means by that (not even him, likely as not)?
But let’s say one thing for certain: Being in Donald Trump’s presidential world is (or at least should be) a deeply unsettling matter. Unsettling enough these days that even his MAGA loyalist base seems to be shrinking all too rapidly.
As for what’s going to happen next, well, who knows and, should you want to know, don’t ask Donald Trump of all people. I suspect that, his second time around as president, he might be the last to know and if that isn’t a strange world to be in, I honestly don’t know what is.
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US Gas Prices Set Mid-August Record After Trump Vows to 'Never Apologize' for Prolonged Iran War
Trump campaigned on fixing the affordability crisis but defends high gas prices as the cost of preventing Iran from building nuclear weapons that his own administration said Tehran is not trying to build.
Aug 17, 2026
The American Automobile Association reported Monday that drivers are paying more at the pump than ever before for this point in August as President Donald Trump's war on Iran continues to disrupt global energy supplies—and he says he won't apologize for the pain his illegal war of choice is inflicting upon consumers.
AAA said the national average price for a gallon of regular gasoline stood at $4.06 on Monday, more than 92 cents higher than a year ago and double the $1.85 recently promised by Trump. The price is the highest ever recorded for mid-August, according to GasBuddy petroleum analyst Patrick De Haan. In California and Hawaii, average prices are approaching—or exceeding—$5.40 per gallon.
The record gas prices come amid the protracted US-Israeli war on Iran that has killed thousands of people and severely disrupted shipping through the Strait of Hormuz, a crucial global energy artery through which roughly one-fifth of the world’s oil and liquefied natural gas supplies normally pass. According to Reuters, only five vessels traversed the strait Saturday, and none did so Sunday. Brent crude was trading near $89 per barrel on Monday, while West Texas Intermediate was above $82.
While Trump has said the war is "over" or nearly over dozens of times—The Guardian's Robert Tait recently called the recurrent spectacle his "own Groundhog Day"—Iran currently appears to have the upper hand, as shipping has overwhelmingly avoided the US-supported route through the Strait of Hormuz, with most vessels using a course set by Tehran or eschewing the waterway altogether.
The Guardian reported Monday that US households have collectively spent an additional $56.4 billion on gasoline over the past six months—an average of roughly $477 per home. Meanwhile, major oil companies raked in a combined $90 billion in profits during the second quarter.
Trump, who campaigned on promises to tackle the affordability crisis, has repeatedly defended high gas prices as the cost of preventing Iran from developing nuclear weapons that every administration since George W. Bush's—including his own—has said Tehran is not seeking to build.
"For you to pay a tiny little bit more for your gasoline, just remember, you're doing it so that a very evil country cannot have... a nuclear weapon," Trump said Friday during a speech to law enforcement officers in Garden City, New York.
"So remember that when you have to pay a little bit more, you're at $4; it's OK... I'll never apologize, I did the right thing," the president added to raucous applause.
Critics slammed Trump's remarks, with Congresswoman Shontel Brown (D-Ohio) noting on Monday that, while "Trump’s family got rich off of his failed war," the American people—including his own supporters—"got screwed."
"Now he wants to us to smile and accept the higher prices he caused," she added.
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Trump Threatens to 'Bomb the Shit' Out of Oman as Strait of Hormuz Traffic Again Grinds to a Halt
Trump's warning to Oman over its negotiations with Iran comes as the closure of the Strait of Hormuz is once again putting upward pressure on petroleum prices.
Aug 17, 2026
President Donald Trump on Monday threatened to bomb a US ally in the Middle East if it gets in the way of a perpetually elusive deal with Iran to reopen the Strait of Hormuz.
Speaking with Fox News, Trump was asked about talks that Iran and Oman have been conducting about jointly overseeing operations of the strait, which has been shut down ever since Trump started an illegal war in late February.
Trump replied that "if Oman gets in the way" of reopening the strait, "we'll bomb the shit out of them."
.@POTUS on parallel talks between Iran and Oman on the Strait of Hormuz: "If Oman gets in the way, we'll bomb the shit out of them." pic.twitter.com/5dEXDOdAN4
— Rapid Response 47 (@RapidResponse47) August 17, 2026
It is unclear how effective Trump's threats against Oman will be, as the US military still hasn't forced Iran to reopen the strait even after burning through massive stocks of munitions—including what military sources have described to The Military Times as "virtually all" of its Army Tactical Missile Systems (ATACMS) and Precision Strike Missiles (PrSM).
As Trita Parsi of the Quincy Institute for Responsible Statecraft noted, the president previously threatened Oman when the country put forward proposals for a compromise on control of the strait.
Trump's warning to Oman comes as the closure of the strait is once again putting upward pressure on petroleum prices.
According to a Monday report from Reuters, data from maritime vessel tracking firm Kpler shows that "shipping appeared to grind to a near standstill" over the weekend, as only "five commodity vessels transited the strait on Saturday, with none registered for Sunday."
As Reuters noted, an average of 130 ships typically passed through the strait daily prior to the start of Trump's illegal war.
The price of Brent crude jumped over $89 per barrel during Monday trading, while data released by the American Automobile Association shows the average price of gas in the US now stands at $4.06 per gallon, up from $4.01 in the week prior.
The Wall Street Journal on Sunday reported that Iran believes that the war has been going so well that it has concocted a "secret plan" to escalate it, using the June ceasefire with the US to take time “to prepare for a bigger fight.”
"Arab intelligence officials have picked up evidence... of a strategic shift inside the country’s hard-line leadership to get their forces ready to widen the war and raise the costs for the US," the Journal reported. "Their overriding goal is to inflict enough pain to ensure the kind of attacks Iran has endured with the 12-day war last year and the continuing conflict aren’t repeated."
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