Summary
- President Donald Trump said the US had taken full control of the Strait of Hormuz and would "keep it that way."
- Trump said Iran had neither a navy nor an air force, and that the Islamic Revolutionary Guard Corps (IRGC) had been largely broken up and was fleeing.
- Trump said Iran had no money and was effectively broken as a country, adding that "all they have left is fake news and 300% inflation."
Forecast Trend Report by Period
President Donald Trump said on August 12 that the US had "complete and total control" of the Strait of Hormuz.
In a post on his social media platform Truth Social, Trump wrote, "The United States now has complete and total control over the Strait of Hormuz. We will keep it that way."
He also asserted that Iran had "no navy, no air force." Its remaining soldiers are not even being paid, he wrote, while the Islamic Revolutionary Guard Corps, or IRGC, had been largely broken up and was fleeing. Its leadership was, "to put it nicely, in a very uncertain situation," he added.
Trump went on to say Iran had no money and that the country was effectively broken. "All they have left is fake news and 300% inflation," he wrote.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul