US President Trump says we totally control the Strait of Hormuz, while he added that he doesn't Trust Iran
Newsquawk Staff ·
Says: - Regarding the flight change during return trip from Turkey in early July, he was following what the Secret Service said and the plane he flew on was at greater risk.
What it means
Rhetorical claims of control over the Strait of Hormuz recur in US-Iran standoffs and have historically been treated by crude markets as noise unless paired with physical disruption: the oil risk premium has tended to build on tanker seizures, attacks on shipping, or insurance and freight repricing, not on presidential statements alone. The distinction worth drawing is between signalling and interdiction, since actual closure has never been sustained even in past periods of open hostility, but harassment of vessels has repeatedly lifted war-risk premia and rerouted flows without any formal blockade. The distrust framing matters more for the diplomatic track, as remarks of this kind have tended to precede either escalation cycles or negotiation theatre, and the tell has been whether sanctions enforcement, naval deployments, or backchannel contacts move in the following days. On the crude side the transmission channel runs through front-month spreads and freight rates rather than flat price alone. The next watchpoints are any Iranian official response, tanker traffic data through the strait, and whether other US officials amplify or walk back the language.
- While Washington continues to exert economic pressure on Tehran, an American media report reports that it is considering a scenario of several days of attacks on Iran; a scenario that includes missile, drone, energy and nuclear facilities, ILNA reports
- "Missile launch by the Yemeni Armed Forces towards Saudi interests", Sabereen reports
- Ukraine energy company DTEK says a Russian attack hit one of its power stations
- Saudi Civil Defense issues emergency danger warnings in Abha city and Khamis Mushait, but announces that danger has passed shortly after
- Iran's IRGC threatens to target US bases if commercial ships continue transiting Strait of Hormuz, according to
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