Iran latest: Aircraft carrier arrives in Middle East to relieve strain on USS Abraham Lincoln | CNN

Live Updates

Aircraft carrier arrives in Middle East to relieve strain on USS Abraham Lincoln

clipped thumbnail - trump-us-crushing-economic-operation-iran-war - CNN ID 22913094 - 00:00:36;26
Trump: US to begin 'crushing economic operation' against Iran
3:15 • Source: CNN
clipped thumbnail - trump-us-crushing-economic-operation-iran-war - CNN ID 22913094 - 00:00:36;26
3:15

Here's the latest

• US aircraft carriers: The USS George Washington has arrived in the Middle East to relieve the taxed USS Abraham Lincoln, which is now returning home, a source told CNN. The crew’s extended deployment during the Iran war led to concern from lawmakers and military families after reports of low morale and worsening mental health.

• Oil prices rise: Global crude rose to nearly $94 a barrel today — its highest level since late July — after President Donald Trump threatened “crushing economic warfare” against Iran. Tehran dismissed Trump’s warning as a “diversion,” promising such a move “will only bring further defeat.”

• Arms threat: Iran’s Islamic Revolutionary Guard Corps (IRGC) warned it could deploy more “destructive” weapons if fighting restarts, according to Iranian media.

24 Posts

Vance says economic pressure is "most effective tool" on Iran, but it's a "delicate dance"

US Vice President JD Vance delivers remarks in the rotunda of the US Capitol in Washington, DC, on July  28.

Vice President JD Vance said Thursday that economic pressure is the United States’ “most effective tool” against Iran but noted that it’s a “delicate dance.”

“The most effective tool that we have is the economic pressure we can apply to them. And this is a delicate dance, because we apply economic pressure to them, they’re going to try to apply economic pressure to us,” Vance said on the “Clay Travis and Buck Sexton Show.”

He added: “What has been true over the last couple of weeks is they have felt a lot more pressure than we have.”

Vance acknowledged that “obviously oil prices are elevated, which people see at the pump,” but he touted the administration’s ability to get vessels through the Strait of Hormuz.

“They are trying to close the Strait down, and if we can, you know, not even get it back to where it was before, but if we can get enough oil and gas out to give some Americans some, some ease at the pump, some ease on energy prices,” Vance added.

“Meanwhile, the Iranians are punished for shooting at commercial ships. That just applies a lot of economic pressure to them, and that changes their calculus for you know what kind of a deal they want to make.”

Applying that pressure, Vance said, is the best way to achieve the “final objective” — Iran not being able to rebuild its nuclear capacity.

“What we are trying to do is create a changed reality on the ground, where not just we can say with confidence their facilities have been destroyed; we can also say with confidence they’re never going to try to rebuild, and that’s the phase that we’re in now,” he said.

Trump admin imposes new sanctions on Hezbollah, redesignates it as Iranian proxy

The Trump administration on Thursday imposed new sanctions on Hezbollah and redesignated the group as an Iranian proxy.

The US Treasury Department imposed sanctions on 10 individuals alleged to be “part of a network responsible for transferring cash” to Hezbollah.

“The network utilizes couriers travelling on commercial airline flights between Lebanon, Turkiye, the UAE, and Iran to move up to hundreds of millions of dollars between jurisdictions, providing an avenue outside the formal financial system for Hizballah to obtain foreign currency and evade sanctions,” Treasury said in a statement.

The redesignation, meanwhile, is meant to show that Hezbollah is acting on behalf of Iran’s Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) and that it is “not a stand-alone operation,” a State Department official said. Both Hezbollah and the IRGC-QF have long been categorized as specially designated global terrorists.

“This determination formally recognizes that Hizballah’s military operations, external security activities, and major financing networks function as an extension of the IRGC-QF, Iran’s primary instrument for conducting terrorism beyond its borders. It is not a Lebanese resistance movement,” the official said.

Hezbollah is both a political party and an armed group in Lebanon. The redesignation comes as the administration worked to broker peace talks between Israel and Lebanon.

USS Abraham Lincoln has begun to head home, per source

The US Navy Nimitz-class aircraft carrier USS Abraham Lincoln sails in support of the Operation Epic Fury attack on Iran from an undisclosed location March 3.

The USS Abraham Lincoln is beginning its journey home, per a source familiar. It comes after another ship, the USS George Washington, arrived in the Middle East to relieve the strain on the beleaguered Lincoln.

But the Lincoln is still in the 5th Fleet area of operations, meaning it has not yet left US Central Command’s area of responsibility, a US official told CNN.

The Lincoln has been at sea for an extended deployment during the Iran war, which had sparked concerns among lawmakers and military families after reports of the crew’s worsening mental health and conditions aboard.

Iran pans Trump’s economic threat as "other side of the coin of war"

The Iranian Foreign Ministry condemned US President Donald Trump’s “unlawful” threat of an elevated economic campaign against Tehran on Thursday.

Trump’s threat of heightened sanctions is “the other side of the coin of war and military aggression,” the ministry said in a statement, according to state broadcaster IRIB.

The statement warned that those who order or implement the levies “are liable to prosecution and punishment.”

“Responsibility for the consequences and repercussions of this unlawful act will rest with the US government and the perpetrators of this policy,” the statement said.

Some context: The US president signaled his willingness to wage an economic war of attrition with Iran on Wednesday, threatening “the MOST CRUSHING ECONOMIC OPERATION” in a social media post.

Several analysts told CNN they were skeptical that Trump’s claims would have the desired impact on an Iranian regime that has withstood oppressive economic sanctions from major world powers.

Trump has publicly stepped back from efforts to make diplomatic progress with Iran, facing deadlocked attempts to reopen the Strait of Hormuz and intensifying questions about the toll an unpopular war has taken on the US military.

Iran dismisses Trump's economic threats as US carrier gets replacement. Get up to speed

US Navy sailors work on the flight deck of the USS George Washington as it transits the Arabian Sea on August 20.

Oil prices rose more than 2% today after President Donald Trump threatened “economic warfare” against Iran.

Global crude earlier hit nearly $94 a barrel — its highest level since late July.

Iranian Foreign Minister Abbas Araghchi dismissed Trump’s threat to impose “crushing” economic sanctions on the Islamic Republic, calling it a “diversion” and promising the move “will only bring further defeat.”

If you’re just joining us, here’s what else is going on in the Middle East:

CNN’s Lucas Lilieholm Aida Karimi, Billy Stockwell, Anna Cooban, Tal Shalev and Alejandra Jaramillo contributed to this report.

Trump has vowed to crush Iran's economy. What are his options?

US President Donald Trump in the Oval Office at the White House on August 6.

US President Donald Trump has declared economic warfare against Iran, vowing to isolate the regime in a move he hopes will bring about what military force has so far failed to achieve: capitulation.

The United States is already targeting Iran’s oil sales, enforcing a blockade that is allowing much less Iranian oil to be exported to international buyers, including China. But sanctioning Chinese buyers or banks seems an unlikely move ahead of President Xi Jinping’s state visit to the United States in September.

Kpler, which tracks ship movements, estimates that Tehran may have enough oil already outside the blockade to provide it with about four months’ worth of export revenues, but said oil income could drop to zero beyond that if Tehran’s exports are strangled.

Iran’s economy has already taken a major hit from the war and is grappling with rampant inflation, but it could take many months to destroy the economy completely. Following decades of US sanctions, Iran has developed a “survival economy, which allows them to sustain more economic pain over time,” said Jorge Leon, head of geopolitical analysis at Rystad, a consultancy.

To really tighten the screws, Trump will need to tackle the clandestine trade and banking networks that enable Iran to evade sanctions and procure weapons. Doing so will require a crackdown on networks that operate most prominently through the United Arab Emirates, Hong Kong, and Singapore, according to the US Treasury.

In a significant blow to the Iranian regime, the UAE announced this week that it had suspended all trade and financial transactions with Iran. Still, restricting all illicit activity – including, Trump said, “oil smuggling, swap limes, cash transfers, exchange houses, ship registries (and) front companies” – will require considerable coordination across multiple countries and won’t happen overnight.

CNN’s Stephen Collinson contributed to this report.

Yemen’s Houthis claim drone attacks on Saudi airport and oil facility

Yemen’s Iran-backed Houthis said today they conducted two ⁠drone attacks on Saudi ⁠Arabia, targeting what the group described as a “sensitive target” at Najran airport and a facility belonging to Saudi oil giant Aramco, also in ‌Najran.

The militant group said the attacks were in response to a Saudi violation of the “airspace of Saada Governorate with drones.”

There has been no immediate confirmation from Saudi Arabia, the main backer of Yemeni government forces.

The announcement came shortly after Yemen’s Armed Forces said it had carried out 81 “operations” against Houthi targets over the past 24 hours, as tit-for-tat attacks between the Yemeni military and the Iran-backed militant group escalate.

The fighting has flared up recently after the Houthi group declared a blockade of Saudi shipping in the Red Sea in late July.

A closer look at the USS Abraham Lincoln, the aircraft carrier set to be relieved

The USS Abraham Lincoln, which is set to be relieved from its duties in the Middle East, found itself at the center of a political storm last week after reports sparked concerns over the mental health of its crew, including suicidal ideation, during a lengthy deployment.

CNN previously reported that two sailors assigned to the Lincoln strike group had jumped overboard in recent months. Both were rescued alive, US officials said. Others were prevented from jumping, according to reports from the Navy Times and Stars and Stripes.

22896911 - pbrown father intv VERT.00_00_02_00.Still001.png
Father of USS Lincoln service member: ‘It’s terrifying’

The father of a service member deployed on the USS Abraham Lincoln speaks to CNN’s Pamela Brown about a sailor jumping overboard and reports of mental health issues during the ship’s eight-month deployment supporting US operations during the Iran war.

2:39 • Source: CNN
22896911 - pbrown father intv VERT.00_00_02_00.Still001.png
2:39

US President Donald Trump dismissed concerns, saying that the ship’s almost nine month-long deployment hadn’t been long enough, while Secretary of Defense Pete Hegseth said the ship’s conditions had been “completely misrepresented.” The US Navy recommends aircraft carrier groups be deployed for seven months.

That reaction contrasted with some Democratic lawmakers, like Sen. Richard Blumenthal, who demanded answers following the concerns raised by families.

A crew member serving on the Lincoln described morale on the ship as very low as well as regular strains on essential amenities — like toilets and water fountains around the ship being frequently closed and hot water often unavailable. Other sailors described to CNN conditions unlike their previous deployments, largely because of the war which has stopped the ship from making stops at friendly ports.

The Navy told CNN in a statement that it has “not observed an increase in suicidal ideations or attempts aboard the ship.”

You can read more of CNN’s reporting on the USS Abraham Lincoln here, and watch CNN’s Pamela Brown talking to service members from aboard the ship.

Trump threatens Iran's trading partners, but who is still doing business with Tehran?

Visitors select products from Iran during the 6th China International Consumer Products Expo (CICPE) at the Hainan International Convention and Exhibition Center in Haikou, China, on April 18.

Countries that continue to do business with Tehran will face “TREMENDOUS Economic Consequences,” according to US President Donald Trump, who urged allies to “stand with the United States” to defeat Iran.

His threat could put China, India and even Germany in the firing line.

Iran exported to 147 countries in 2022, according to the most recent data from the World Bank. It imported goods from 114 countries that year.

China is by far Iran’s biggest trading partner, accounting for the bulk of Iran’s oil and non-oil exports. Iranian exports to China amounted to $22.4 billion in 2022, according to the World Bank. Imports from China stood at $15.6 billion.

Other Asian countries, Iraq and the United Arab Emirates are also significant export destinations for Iran. The country’s imports come mostly from the United Arab Emirates, China, Turkey, India and Germany, a 2024 World Bank report shows.

Last year, Germany exported goods worth €962 million ($1.1 billion) to Iran and imported goods worth €235 million ($275 million), according to the country’s statistics office. Imports increased marginally on the prior year, but both exports and imports have plummeted by around half or more since 2018, when the United States reinstated extensive sanctions on Iran.

Bilateral trade between India and Iran amounted to $1.1 billion between April and December 2025, according to India’s commerce ministry. Major Indian exports to Iran include basmati rice, tea, sugar, fresh fruits and pharmaceutical drugs.

USS George Washington arrives in Middle East to relieve USS Abraham Lincoln

The USS George Washington is seen in Danang, Vietnam, on July 30.

The aircraft carrier the USS George Washington arrived in the Middle East on Wednesday as it prepares to relieve the troubled USS Abraham Lincoln, the US military confirmed earlier today.

“The George Washington Carrier Strike Group is operating in the Middle East during a scheduled deployment after arriving in the CENTCOM theater yesterday,” US Central Command (CENTCOM) posted on X.

The aircraft carrier will relieve the Abraham Lincoln, which has been at sea for an extended deployment due to the Iran war, sparking concerns among lawmakers and military families after reports of the crew’s worsening mental health.

A sailor went overboard off of the Abraham Lincoln earlier this month, three US officials told CNN, adding to concerns of deteriorating living conditions and mental health during the ship’s record-breaking deployment.

The George Washington carrier group headed for the Middle East after a port visit in Vietnam on August 5, a US official told CNN last week, adding that the swap had been previously planned.

The ship’s rotation to the Middle East leaves the US without an aircraft carrier in the Pacific.

22908714 - USS George W VV CLN.00_00_07_01.Still001.jpg
US aircraft carrier en route to relieve USS Abraham Lincoln

The US military has released footage of the aircraft carrier USS George Washington where it will relieve the USS Abraham Lincoln, a US official said.

0:33 • Source: CNN
22908714 - USS George W VV CLN.00_00_07_01.Still001.jpg
0:33

CNN’s Lucas Lilieholm and Kevin Liptak contributed reporting.

Yemen's military says it conducted 81 operations targeting Houthis over past day

Yemen’s Armed Forces said it carried out 81 “operations” against Houthi targets over the past 24 hours, as tit-for-tat attacks between the military and the Iran-backed militant group escalate.

The military operations targeted what the armed forces said were Houthi sites and members of the militant group, and resulted in the “neutralization of commanders and fighters and the destruction of equipment and vehicles.”

CNN is unable to independently verify the claims.

The operations were in response to repeated Houthi attacks on what the armed forces said were civilian targets, as well as a “blockade imposed on the Yemeni people” caused by the group’s targeting of maritime ports and airports.

Remember: Yemen’s Iran-backed Houthis have also claimed several attacks in recent days, including against what ⁠it described as Saudi military vessels ⁠in the Red Sea, Saudi Aramco’s Jazan refinery in southwestern Saudi Arabia and other locations such as Mokha, a strategic port city in Yemen.

The violence has flared up in recent weeks after the Houthi group declared a blockade of Saudi shipping in the Red Sea.

Piles of fresh produce sit unsold in Iranian markets as rampant inflation bites

Piles of fruit and vegetables are sitting unsold in some Iranian markets as rampant inflation has made them too expensive for many people to buy.

Videos posted on social media show sellers at Tehran and Karaj wholesale markets sitting beside their fresh produce, waiting to sell goods like melons, watermelons, pears, bananas and grapes, but with no one arriving to buy it.

The war has dealt another major blow to Iran’s economy, deepening the state of economic crisis the country was already in. The price of food has more than doubled since July last year, and basic food items like eggs, rice, meat and bread have effectively become “luxury goods” for many, the state-affiliated Iranian Labour News Agency said Monday, citing the Statistical Center of Iran.

Another seller speaking at Tehran’s Central Fruit and Vegetable Market on Tuesday morning described a steep drop in people coming to the market due to skyrocketing prices. In an Instagram video, he pans across a near-empty parking lot, comparing it to last year when vehicles were packed “lip to lip,” and vendors lined both sides of the road.

Other markets are affected by the dire economic situation too. In another video, a vendor who sells power and construction tools outlines the near-impossible nature of trying to import cargo into Iran, detailing a complicated supply chain that passes through several countries.

Trump is squeezing Iran's economy and oil sales. But it still holds sway in Hormuz

Ships are anchored in the Strait of Hormuz off the coast of Bandar Abbas, Iran, on August 10.

Tehran and Washington are doubling down on competing claims of control over the Strait of Hormuz, as US President Donald Trump steps up his pressure campaign on Iran’s economy.

But the reality of who wields influence in the waterway is more nuanced than either side is willing to admit. Shipping traffic remains severely restricted, demonstrating that many shipowners are not willing to risk a possible Iranian attack and underscoring Tehran’s ongoing leverage over Hormuz.

Even when accounting for so-called “dark” transits by vessels trying to avoid detection, only about two to three Very Large Crude Carriers, or VLCCs, have transited the strait every day since July 7 on average, according to Kpler, which tracks ships using transponders and satellite data. That compares with roughly eight VLCC transits daily before the war.

Yet, notwithstanding the drop in transits, increasing volumes of oil are bypassing the strait altogether or relying on US protection and ship-to-ship transfers to move oil covertly out of the Persian Gulf.

Analysts are divided on which side has more control. Dimitris Maniatis, the CEO of Marisks, a maritime security firm based in Greece, says Iran “exerts near full control” through the “threat of attack.” He told CNN that Iran is likely turning a blind eye to some transits, which in many cases involve tankers ultimately owned by Iranian, Russian, Chinese or Turkish interests.

On the other hand, US Energy Secretary Chris Wright has said America’s ability to escort ships out of the region is only growing, noting that oil flows are higher than tracking services suggest.

Read more here.

Iran’s IRGC threatens to deploy more “destructive” weapons if war restarts

Palestinian civilians gather near an Iranian missile embedded in the ground in Hares, West Bank, on March 24.

Iran’s Islamic Revolutionary Guard Corps (IRGC) warned it could deploy more “destructive” weapons if the war restarts, Iranian media said today, after US President Donald Trump said he had paused US talks with Tehran.

An IRGC spokesperson threatened that if the conflict resumes, “the weapons we use will be completely different from the past in every respect,” according to Iran’s semi-official Tasnim news agency.

Trump said Wednesday the situation with Iran is “good,” as he’s paused US negotiations with the country. “Right now, I think the situation is so good,” Trump told reporters, suggesting talks could start again “at some point.”

CNN’s Alejandra Jaramillo contributed reporting.

Tanker seized in Gulf of Aden being taken to Somalia, maritime agency says

A tanker in the Gulf of Aden has been boarded by six armed persons and is being redirected to Somalia, according to a report made to the UK Maritime Trade Operations (UKMTO) center.

The Royal Navy-affiliated UKMTO, which monitors maritime security in the region, said earlier Thursday a ship had broadcast a distress call after being approached by an “unauthorised vessel” 136 nautical miles (around 156 miles) east of Yemen’s port city of Mukalla.

In a later update, the maritime agency said it had received confirmation that the tanker was boarded by six armed persons, who are now “in control of the vessel and redirecting to Somalia.”

UKMTO did not name the vessels involved or state which group is behind the hijacking, but Somali pirates are known to be profiting from the Iran war as commercial ships, avoiding conflict routes through lengthy detours around Africa, sail into their strike zone.

Maritime intelligence group Marisks said the apparent redirection of the vessel “strongly indicates a piracy-related hijacking” and demonstrates the “significant resurgence of piracy and armed maritime activity across the Gulf of Aden and wider Somali basin.”

Clashes have also ramped up in the Red Sea and Gulf of Aden in recent weeks after the Iran-backed Houthis declared a blockade on ships from Saudi Arabia, the main backer of Yemeni government forces.

On Wednesday, the militant group claimed to have targeted eight Saudi oil tankers since late July – when the blockade was declared – including three in the Gulf of Aden and the Arabian Sea, the Houthi-run Saba news agency said.

CNN’s Farida Elsebai and Eleni Giokos contributed reporting.

Iran’s battle-hardened economy faces another Trump squeeze

Export oil pipelines at an oil facility on Kharg Island, Iran, on February 23, 2016.

Iran, already drained by years of sanctions and grappling with the strains of war, now confronts yet another test as President Donald Trump threatens to further tighten the economic screws on the Islamic Republic.

Trump announced Wednesday that the US would exert more financial pressure on Iran as a deal to end the war remains at an impasse. Yet unless his administration uncovers fresh methods to quickly choke off Tehran’s revenue streams, it will once again encounter a regime practiced in sanction evasion and resourceful in finding new ways to generate income as it bets on its ability to outlast Washington in economic endurance.

For decades, the Iranian government has expanded domestic production while operating a complex network of front companies to procure essential goods, largely from China, for its 92-million-strong population. At the same time, it has come up with new ways to export oil, using fleets of sanctioned “dark” tankers that switch off their trackers to deliver cargoes to other ships and ultimately to Beijing, its principal customer.

This week President Masoud Pezeshkian said that Iran’s economic difficulties “have multiplied several times over” and that its “revenue has declined.” Even so, the country has managed to keep fuel and food flowing to a hard-pressed population throughout six months of war with the US.

Foreign Minister Abbas Araghchi dismissed Trump’s approach as little more than “doubling down” on “failed policies,” while contrasting that Washington itself is wrestling with “unprecedented debt” and “surging interest costs.”

“The problem is not that economic pressure has no effect. It clearly does,” Danny Citrinowicz, the former head of the Iran branch of Israel’s military intelligence said on X. The “problem is assuming that economic pain will necessarily produce Iranian capitulation before it produces Iranian escalation.”

Turkey calls on Israel to end "reckless attacks" after Netanyahu defends Syria strike

Damage can be seen at Abu al-Duhur airbase following eight Israeli airstrikes hit the base in northwestern Syria early on Tuesday.

Turkey’s Defense Ministry called on Israel to end its “reckless attacks” after Prime Minister Benjamin Netanyahu defended an Israeli strike on a military air base in Syria.

Defending the strike, Netanyahu alleged on Wednesday that Turkey — a NATO ally of the US that is one of Israel’s top regional adversaries — was intent on deploying forces there.

In response, Turkey’s Defense Ministry said Thursday there was no Turkish military delegation at the Syrian air base before or during Israel’s attack.

The defense ministry added that it was “essential” that Israel stops “such reckless attacks and fulfills the requirements of international law.”

Netanyahu acknowledged on Tuesday that Israel carried out the strike, which was later criticized by the Trump administration’s Syria envoy, Tom Barrack, as an “unnecessary escalation.”

The Israeli prime minister said Turkey was going to deploy military capabilities to the air base south of Aleppo – a claim Turkey dismissed as “untenable.”

Turkey pointed to the upcoming October elections in Israel as a reason for Netanyahu’s actions, including what it said was his “intent to pursue expansionist and destabilizing policies in the region.”

CNN’s Tal Shalev contributed reporting.

Oil prices jump 2% after Trump's threat of "economic warfare"

Oil prices jumped more than 2% on Thursday after President Donald Trump threatened “economic warfare” against Iran.

Brent crude futures, the global benchmark, were up 2.4% to almost $94 a barrel early morning ET — its highest level since late July. WTI futures, the US benchmark, rose 2.5% to $86.

Trump warned on Wednesday that the United States would unleash a “crushing economic operation” against Iran, though did not give details. He also threatened to penalize countries doing business with and providing “any type of lifeline” to Iran.

“Oil smuggling, swap lines, cash transfers, exchange houses, ship registries, front companies — It all needs to stop NOW,” Trump wrote on Truth Social. “You know who you are.”

Tensions escalated this week after the deadline for Washington and Tehran to negotiate a peace deal formally expired on Monday, despite relations having nosedived — and fighting restarted — weeks prior.

While increasing volumes of the oil are finding routes out of the Middle East, the Strait of Hormuz remains effectively closed, keeping energy prices elevated and pushing up global inflation.

On Wednesday, official data from the United Kingdom and euro area showed that consumer price inflation rose by 2.9% in the 12 months to July in both economies, with energy price hikes a contributing factor.

Trump’s latest threats “will only bring further defeat," Iran’s foreign minister says

Iran's Foreign Minister Abbas Araghchi attends a press conference at the Iranian embassy in New Delhi, India on May 15.

Iranian Foreign Minister Abbas Araghchi dismissed Donald Trump’s threat to impose “crushing” economic sanctions on the Islamic Republic, calling it a “diversion” and promising the move “will only bring further defeat.”

The US federal debt hit a record $40 trillion on Tuesday, according to the Treasury Department, a grim milestone that leaves the US spending more on interest payments than on national defense and 50% more than on children’s programs.

“Doubling down on failed policies will only bring further defeat – and enmity of Iranians. US economic terrorism threatens global economy and sovereignty worldwide,” Araghchi added.

Also responding to Trump’s move, Iranian Deputy Foreign Minister Kazem Gharibabadi said US decision-making was based on “flawed calculations.”

Gharibabadi said the war has failed to deliver the results the US wanted, so “now they’ve given their next failure a new name: ‘economic war.’”

Global oil prices have remained high since the US and Israel went to war against Iran in February, closing of the Strait of Hormuz. There are growing concerns of a fuel supply crisis as global reserves rapidly decline.

CNN’s Aida Karimi and Billy Stockwell contributed reporting.

Here's what Trump has said on status of US-Iran war talks and Strait of Hormuz

Ships are anchored in the Strait of Hormuz, off the coast of Bandar Abbas, Iran, on August 10, 2026.

Global oil prices remain high as US-Iran peace talks stall, with the blockage of the Strait of Hormuz causing a fuel supply crisis, as US President Donald Trump claims that “right now, I think the situation is so good” with Tehran.

Also on Wednesday, Trump took to Truth Social to announce the US would exert more financial pressure on Iran. The president’s latest conflicting string of messaging comes after he told administration envoys earlier this week to halt their conversations with Iran, per a US official.

Here’s the latest on what Trump has said regarding the ongoing war in Iran:

  • Trump told reporters Wednesday that talks could resume again with Iran “at some point” and reiterated his claim that the United States is in “possession” and in “complete control” of the Strait of Hormuz.
  • Hours later on Wednesday, Trump shared on Truth Social that the US would begin “the MOST CRUSHING ECONOMIC OPERATION EVER TAKEN AGAINST ANY COUNTRY.” Tehran faces “Economic Warfare and Isolation on an unprecedented scale,” he added. The president did not offer further details about the economic operation or what measures it would entail.
  • Trump continued, warning there would be economic consequences for any “country that allows its financial institutions, businesses, airports, or government entities to provide any type of lifeline to Iran.”

Catch up on other headlines:

  • Iraq’s parliament speaker called on Iran to grant Iraqi oil exports going through the Strait of Hormuz “special status,” according to the state-run Iraqi News Agency.
  • In the Bab-el-Mandeb Strait — where clashes have intensified in recent weeks — data shows at least 45 vessels crossed, including eight tankers and eight cargo ships going to the Gulf of Aden. Yemen’s Iran-backed Houthis claimed Wednesday to have targeted eight Saudi oil tankers since late July, when it declared a maritime blockade on Saudi shipping, according to a Houthi-run news agency.
  • Meanwhile, the number of US service members wounded since the start of the Iran war has passed 750, according to the Defense Department’s war casualty database.

CNN’s Tal Shalev, Lisa Wong, Alejandra Jaramillo, Billy Stockwell, Mostafa Salem, Molly English, Piper Hudspeth Blackburn and Magdalena Vitores Moreno contributed reporting.

Download the CNN app

Scan the QR code to download the CNN app on Google Play.

Scan the QR code to download the CNN app from Google Play.

Download the CNN app

Scan the QR code to download the CNN app from the Apple Store.

Scan the QR code to download the CNN app from the Apple Store.