Donald Trump says U.S. is just watching Iran with its "huge inflation" and no money
“We are just watching Iran with its huge inflation and the fact that they have no money”
Reported August 10, 2026 by stripes.com. Checked word for word against that report.
Trump said the U.S. is keeping a restrained approach toward Iran, relying on a maritime blockade and financial pressure rather than more strikes; he cited Iran's severe inflation and depleted state finances, Axios reported. Over 20 warships are enforcing the blockade; CENTCOM said it has redirected 55 vessels, disabled two, and boarded two. Strait of Hormuz traffic fell to six crossings Sunday, per Kpler. This reverses Trump's earlier airstrike threat unless Iran reopened the waterway. Iran and Oman are negotiating a temporary reopening; Iran demands an end to U.S. port restrictions. The blockade, imposed April 13, was lifted June 18 under an interim deal to resume nuclear talks, then restored after tanker attacks in July. A Pentagon estimate put lost revenue at $4.8 billion; the Institute for the Study of War says Tehran has not reached a breaking point.
- stripes.com ↗︎10 AUG 2026