Subscribe to Newsletter to get latest insights & analysis in your inbox. Iranian strikes in Hormuz have affected maritime traffic in the strait, which is crucial for global supply chains for crude and oil. "Hopefully, China, France, Japan, South Korea, the UK, and others, that are affected by this artificial constraint, will send ships to the area so that the Hormuz Strait will no longer be a threat by a nation that has been totally decapitated," he said. "In the meantime, the United States will be bombing the hell out of the shoreline, and continually shooting Iranian Boats and Ships out of the water. "The announcement drew sharp criticism from Democrat leader and California Governor Gavin Newsom, who accused Trump of using the Iran war to open California's beaches for his oil industry friends.

Source: Economic Times March 15, 2026 10:08 UTC