🏠 HOME
💸 MONEY
🎯 SUCCESS
🧠 Brain 🌍 Travel Archive 🚀 Space Archive 🎙️ Podcasts 📺 Video Archive 🎥 Crime & Movies
  • Skip to main content

Mad Mad News

LIVE ABOVE THE MADNESS

Order Now • Check Delivery Today
As an Amazon Associate I earn from qualifying purchases. Delivery availability varies by item and location.

‘Delusional’: Iran Fires Back At Trump’s Make ‘Hormuz Strait A Territory Of The US’ Ambitions

August 16, 2026 MMN Editor Filed Under: Uncategorized

‘Delusional’: Iran Fires Back At Trump’s Make ‘Hormuz Strait A Territory Of The US’ Ambitions

Predictably, Iran has on Saturday issued a full-throated rejection of President Trump’s Friday evening words related to the status on the conflict and energy transit in the region.

In a speech on New York’s Long Island, Trump introduced the idea of declaring the Strait of Hormuz a US territory. “After we finish defeating Iran, which is being very badly defeated — pretty soon, I’ll be declaring the Hormuz Strait a territory of the United States,” Trump told a crowd of law enforcement officers.

Trump on declaring the Strait of Hormuz a U.S. territory post the conflict with Iran 👇 pic.twitter.com/BjgW8pNKIQ
— Brian Schwartz (@schwartzbWSJ) August 14, 2026
“Essentially, that’s what it is. We have the blockade. No ships get through unless we want them to,” he added. He claimed oil prices were coming “way down”.

Some pundits pointed to what seemed like classic hyperbole and his penchant for floating extreme scenarios in off-the-cuff fashion; however, Trump made the statement without any qualifiers other than it will happen when Iran is “badly defeated” by the United States. That seems to be the big if in the future scenario.

A Saturday X response from Iranian Deputy Foreign Minister Kazem Gharibabadi asserted the US has zero authority to claim the strait:

“The Strait of Hormuz has been Iranian, is Iranian, and will remain Iranian,” he wrote, as translated from Persian to English. “This strait will only be closed and opened under Iran’s command.”

The Iranian official then claimed all of Trump’s assumptions about the conflict were delusional, showing that Washington does “not accept the reality of defeat” and so must stop indulging in its “delusions”.

The Iranians have been reiterating that they will continue to enforce their blockade, also as the US Navy continues blocking imports and exports from Iranian ports.

Tehran continues to present the Oman deal – still pending finalization – as completely independent of US desires and conditions, and so better not interfere:

Iran has reached an agreement with Oman on a shipping route map for the Strait of Hormuz after weeks of technical negotiations, Foreign Ministry spokesman Esmaeil Baghaei has told state-run Defa Press.

“Despite US obstruction, the talks have made positive progress over the past three weeks and an agreement has been reached on the shipping route map.”

He added that both sides were still negotiating outstanding issues, including a statement to be issued by Tehran and Muscat, noting that exchanges between the two countries would continue until the process was finalized.

Given the two sides continue holding to conflicting absolutist demands and conditions, there’s a likelihood of further fighting – though it could continue to at a limited, tit-for-tat and slow pace.

Some Republican hawks are calling for some kind of bold military action by Trump, such as ordering the takeover of Kharg Island in order to show the Iranians and the American public that Tehran does not have the upper hand ahead of US November midterm elections.

However, the nearly six months of war so far has tended to demonstrate that each new escalation has not tended to go well for Washington, as Iran digs in its heels and escalates a response in turn.

Tyler Durden
Sun, 08/16/2026 – 11:05

© 2026 Mad Mad News™ · OGGHY Media™ Live Above the Madness™ Independent news, signals, and analysis. Atlanta, Georgia

Live Above The Madness

Market Wire

Markets, innovation and the next business opportunity.

Market & Business Signals

11 Current Signals Scroll for more ↓
Gold price today, Thursday, September 10, 2026: Gold prices steady ahead of inflation data and the Fed MONEY & POLICY Yahoo Finance · 1 day ago Is This 12.8%-Yielding Dividend Stock a Bargain or a Trap? MARKETS Motley Fool · 55 minutes ago Bitwise to put down Dogecoin ETF less than a year after launch MARKETS Cointelegraph · 3 hours ago SEC Charges Founder and His Two New Jersey-Based Companies in Alleged $16 Million Ponzi Scheme ENTREPRENEURS SEC · 17 hours ago Agencies reduce regulatory burden for community banks, increase eligibility for 18-month exam cycle MONEY & POLICY Federal Reserve · 15 hours ago Man declares bankruptcy with 34 cents while hiding millions MARKETS Yahoo Finance · 11 hours ago Mortgage and refinance interest rates today, Friday, September 11, 2026: Rates shoot up ahead of CPI data MONEY & POLICY Yahoo Finance · 1 hour ago Prediction: Broadcom and Nvidia Will Be 2027's Best Performing AI Stocks AI & TECH Motley Fool · 40 minutes ago Investors Who Have Been Following AI Chips and Memory Chips May Be Forgetting About the Vital Industry That Enables Both of Them AI & TECH Motley Fool · 1 hour ago Bitcoin buyers wary of July sub-$58K floor amid onchain data ‘anomaly’ DIGITAL ASSETS Cointelegraph · 17 minutes ago India launches tokenized bond pilot with $107M issued DIGITAL ASSETS Cointelegraph · 37 minutes ago

Search A Stock

Enter a ticker or company name to open a deeper market view with quote data, charts, company news, financials, and research.

GO DEEPER: Quote • Chart • News • Financials • Research
Primary Source Latest SEC Filings

Search company filings, 10-Ks, 10-Qs, 8-Ks and other disclosures.

Opportunity Watch IPO Watch

Explore upcoming, recent and newly listed public companies.

Yahoo Finance Market Desk

Live Coverage Latest Market News → Right Now Most Active Stocks Discover Stock Screener Calendar Earnings Reports Personal My Portfolio

Yahoo Finance links open live coverage and research in a new tab. Market information may be delayed.

Coming Next

MMN Live Market Watch

One destination for live business and market video—major financial networks, breaking coverage and the day’s most important business conversations.

Fox Business CNBC Yahoo Finance More Live Sources
Live Video Page Coming Soon

Minute News Brief

A quick audio briefing for readers who want the market and business picture without opening another video.

Quick Market Pulse

S&P 500 Dow Nasdaq Gold Oil Bitcoin

Market links open third-party research pages. MMN does not provide investment advice.