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Trump warns Iran: US controls your money, can strike with 'great force'

📅 2026-08-11 📂 World Original source ↗
Trump warns Iran: US controls your money, can strike with 'great force'
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Key points

Trump's blunt warning

Former President Donald Trump has issued a stark warning to Iran, declaring that the United States holds significant leverage over Tehran's finances. 'We control Iran's money,' Trump said, accusing the Iranian leadership of 'playing tricks' in ongoing negotiations. He cautioned that the US is prepared to strike with 'great force' if provoked.

The remarks come amid heightened tensions in the Persian Gulf, where diplomatic efforts have hit new snags. Trump's rhetoric signals a hardline stance, suggesting that economic pressure alone may not suffice unless Iran alters its behaviour.

Hormuz talks hit a rough patch

Negotiations over the Strait of Hormuz, a critical chokepoint for global oil shipments, have taken a complicated turn. Both Iran and the US have reportedly set new conditions, raising questions about the viability of a diplomatic resolution. According to Al Jazeera, the talks have stalled as each side demands concessions the other is unwilling to grant.

Trump dismissed Iran's demand for war reparations, a point that has further inflamed the discourse. The former president's dismissive tone underscores the deep mistrust between the two nations, making any breakthrough seem distant.

Economic squeeze or military might?

In his latest statements, Trump outlined a stark choice for Iran: face economic collapse or endure a military response. 'Let Tehran fail economically or hit them really hard,' he said, framing the options as mutually exclusive. This binary approach reflects his administration's preference for maximum pressure tactics, a strategy that yielded mixed results during his tenure.

The US has already demonstrated its willingness to use force. Reports from The Times of India indicate that American forces attacked a vessel in the Gulf of Oman, citing a violation of the Iran blockade. This incident marks a significant escalation, moving beyond sanctions and into direct military action.

Regional fallout

The Gulf of Oman attack has raised alarm across the region, with fears of a broader conflict. Shipping routes, vital to global trade, are now under threat, and oil prices have shown volatility in response. Analysts suggest that the blockade, intended to pressure Iran, could backfire by destabilising the region further.

Iran, for its part, continues to project defiance. The Iranian leadership has framed the US actions as aggression, rallying domestic support. Yet, the economic toll of sanctions and blockades is undeniable, and Tehran's options appear limited.

What lies ahead

As diplomatic channels remain open but fragile, the world watches closely. Trump's warnings, while forceful, leave room for interpretation—whether 'great force' implies targeted strikes or a broader campaign is unclear. The coming weeks will be critical in determining whether the US pursues a path of coercion or confrontation.

For now, the Gulf of Oman remains a flashpoint, and the blockade's enforcement will likely test the limits of US resolve. Iran's response to the latest attacks could set the stage for either de-escalation or a deeper crisis.

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Reported by Moneycontrol.com. This article was written with AI assistance from publicly available reporting — always cross-check important details with the original coverage.
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