U.S. President Trump said on the 14th he would "declare the Strait of Hormuz U.S. territory" soon after "defeating Iran." Iran deputy foreign minister Garibabadi replied the strait "cannot be controlled by a tweet, an aircraft carrier, an executive order or a campaign speech," and said Iran "is not afraid of threats and will not be deterred by force." IRGC navy commander Ali Azmai said on the 14th the strait "remains closed and is fully controlled by the Iranian military," adding "the reality sh

2026-08-15

U.S. President Trump said on the 14th he would "declare the Strait of Hormuz U.S. territory" soon after "defeating Iran." Iran deputy foreign minister Garibabadi replied the strait "cannot be controlled by a tweet, an aircraft carrier, an executive order or a campaign speech," and said Iran "is not afraid of threats and will not be deterred by force." IRGC navy commander Ali Azmai said on the 14th the strait "remains closed and is fully controlled by the Iranian military," adding "the reality should be seen on site rather than in U.S. officials' statements."

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2026-08-15

Foreign reports say Iran and Oman appear to have agreed on shipping routes through the Strait of Hormuz as part of talks on managing the chokepoint. Iran foreign ministry spokesman Baghaei said a finalized "shipping map" would form part of a broader arrangement and an independent bilateral pact to protect sovereignty and ensure safe passage. State media gave no details on transit fees or security measures and said further negotiations are planned. The move follows recent attacks in the strait; t

2026-08-15

Jensen Huang, joined by six Wall Street asset managers, endorsed treating AI compute as a standalone asset class. Investors raised concerns about circular financing and elevated debt risk; Huang said NVIDIA may provide up to 25% residual-value support for individual projects and will prudently assess each deal. The remarks eased market concern modestly.