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Economy

Iran War: Trump TACOs on Strait of Hormuz Fee as Blockade Starts but Again Threatens to Attack Iran Energy and Critical Infrastructure as Iran Warns of Closure of Bab el-Mandeb, Destruction of Gulf State Energy Production

naked capitalism · 15 Jul 2026 · 🇺🇸 United States

Iran War: Trump TACOs on Strait of Hormuz Fee as Blockade Starts but Again Threatens to Attack Iran Energy and Critical Infrastructure as Iran Warns of Closure of Bab el-Mandeb, Destruction of Gulf State Energy Production

Today's Iran war news: Trump's continued ferocity is way out of line compared to what the US can achieve. So what might transpire?

Read the full story at naked capitalism →

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