Market Flux Event
US Navy Clears All Mines from Strait of Hormuz as Trump Warns Iran of Zero Tolerance on Replacements
President Trump announced on August 25 that the U.S. Navy has removed or detonated all mines from the international waters of the Strait of Hormuz, declaring a zero-tolerance policy on any new mine placement. Trump warned Iran directly that any ship or boat attempting to place new mines will be "immediately and systematically destroyed," and said U.S.
Space Force is actively monitoring the strait alongside Pickaxe Mountain and three other nuclear sites he described as already destroyed. Separately, a source noted that the Trump administration is offering significant concessions to Iran to allow the resumption of oil flows through the strait, underscoring the economic stakes of the waterway through which a substantial share of global oil supply passes. In a separate Truth Social post, Trump said he had instructed Secretary of Defense Pete Hegseth to substantially reduce joint U.S.-South Korea military exercises, citing his relationship with North Korean leader Kim Jong Un and calling the drills costly and sending an inappropriate signal.
Trump also said he recently asked South Korea to join efforts to denuclearize Iran, and South Korea declined. On Canada, Trump called Ottawa "easily the most difficult and unreasonable" trading partner, accusing it of blocking Gulfstream jet certification for a decade to benefit a Canadian competitor, and warning that Canada "will be entitled no longer."
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Sources
- FirstSquawkTrump on truth social Based on my very good relationship with Kim Jong Un, of North Korea, I was not happy with the fact that the United States had, long ago, agreed to participate in Joint Military Exercises with South Korea. These exercises are not only costly, with much of these costs paid for by the United States of America (as usual!), but send a signal that is totally inappropriate and hostile, to a Country that, as long as Donald J. Trump has been President, has been unthreatening and respectful. Therefore, and based on the fact that it was too late to cancel, I instructed Secretary of War, Pete Hegseth, to substantially reduce the Joint Military Exercises! While somewhat unrelated (?), I recently asked the President of South Korea if they would like to join us in the Denuclearization of the Islamic Republic of Iran, and they said, “No thanks!” Thank you for your attention to this matter. President DONALD J. TRUMP
- JoshYoungThere is so much oil flowing through the Strait of Hormuz that the Trump Administration is offering big concessions to Iran - to allow the resumption of the flow of oil through the Strait!
- MarketRebelsTrump on Canada : "They have driven many wonderful U.S. companies out of business. For 10 years they wouldn’t certify Gulfstream Jets, until I got involved. They wanted 100% of the market for Gulfstream’s Canadian competitor. I deal with many countries, and Canada is easily the most difficult and unreasonable. They feel entitled, but they are not a State, and will be entitled no longer! President DJT"
- FaststocknewssTRUMP SAYS ALL MINES CLEARED FROM STRAIT OF HORMUZ INTERNATIONAL WATERS Trump: "I have just been informed by the United States Navy that all mines have been removed and/or detonated from within the International Waters of the Strait of Hormuz. Iran has been notified that any ship or boat placing new mines will be immediately and systematically destroyed." He says Space Force is monitoring the strait along with Pickaxe Mountain and three other nuclear sites he describes as already destroyed, and declares a "Zero Tolerance policy on mine placement in full force and effect."
- DeItaoneTRUMP SAYS STRAIT OF HORMUZ MINES CLEARED President Trump says the U.S. Navy has removed or detonated all mines in international waters of the Strait of Hormuz. Trump warned Iran that any vessel placing new mines will be “immediately and systematically destroyed.” He added that U.S. Space Force is monitoring the Strait, with a zero-tolerance policy on new mine placement.
- StaunovoTrump post on Iran