US President Donald Trump said Iran was “going fine” and claimed the US has “total control” over the Strait of Hormuz, as tensions between Washington and Tehran remain high.

US reinstates naval blockade on Iran in the Strait of Hormuz. End of blockade by December 31, 2026 at 78.2% YES.

The U.S. launched strikes on Iran, hours after President Donald Trump vowed to reinstate an American blockade of Iranian ports and charge ships for safe passage through the Strait of Hormuz.

Iran's parliament is reviewing a plan to ban ships linked to the U.S., Israel and other "hostile countries" from transiting the Strait of Hormuz. The Trump administration has rejected the plan.

The U.S. military disabled a Panama-flagged cargo tanker on Tuesday attempting to transit the Gulf of Oman in violation of the U.S. naval blockade in the Strait of Hormuz, U.S. Central Command

Wall Street retreated on Tuesday as investors weighed continued uncertainty surrounding the Middle East and prospects for reopening the Strait of Hormuz. Learn more here.

An Iranian women enjoy a dip in the sea as vessels are seen in the Strait of Hormuz off the port city of Bandar Abbas, in southern Iran on August 10, 2026. The US President signalled on August 9 that he was prepared to let economic pressure mount against Iran,

Oil was mixed as traders assess mixed signals from the U.S. and Iran amid worries that a deal to open the Strait of Hormuz may not be coming anytime soon.