BY TYLER DURDEN
WEDNESDAY, AUG 12, 2026 – 10:45 AM
Summary
- Trump claims "total control" of Hormuz, signals strategy of continued economic pressure.
- Iran declares "victory" & says it can sustain the conflict & outlast.
- Iran shifts to a "survival economy" to withstand sanctions, Washington’s economic warfare, naval blockade.
- Peace talks basically not happening, with Pakistan reporting "absolutely no progress."
Trump Claims ‘Total Control’ of Hormuz
In his latest Wednesday Truth Social post, Trump issues a familiar refrain (one that will likely be on repeat up to the November midterms), claiming that the USA has "total control" over the Strait of Hormuz and "I think we will keep it". It’s also yet more confirmation that he’s opting for economic siege warfare as the US military campaign is on halt. He also did his bizarre "Praise be to Allah!" sign off…
Source: