President Trump declared a US Hormuz toll of 20 percent on all cargo shipped through the strait, naming America the guardian of the waterway. Iran's foreign minister mocked the move but agreed with the premise. Oil prices jumped over 7 percent as the world waits to see who ends up paying to keep the Persian Gulf open, stirring debate.
U.S. and Iranian negotiators reached a 60-day Iran MOU deal framework — but Trump has not signed yet. He says he is "not satisfied." Good. Iran wants sanctions lifted before doing anything. Trump demands relief for performance only. The Strait of Hormuz, nuclear enrichment, and regional proxies all hang in the balance.
Iran destroyed IRGC speedboats in the Strait of Hormuz Monday night — yet its top negotiator stayed in Qatar for peace talks Tuesday morning. Day 88 of the US-Iran war. Oil above $105. Trump says a deal is days away. Peace Through Strength is working — but will the deal hold?
US strikes Iran on Memorial Day 2026 — CENTCOM confirmed self-defense strikes targeting missile sites and mine-laying boats near Bandar Abbas. While Trump said peace talks were "proceeding nicely," Iran was laying mines. Tehran negotiates with words and provokes with weapons. That is not a ceasefire.
The Strait of Hormuz is virtually closed and the West can't agree on how to respond. France and the US are pushing competing UN resolutions — one demands Iran stop, the other won't even name Tehran. Meanwhile China and Russia hold their vetoes ready. Oil is at $105 and climbing.
