Trump says Iran has ‘No Money’, blasts Tehran over ‘300% INFLATION’ as he touts ‘WALL OF STEEL’ naval blockade in Strait
In a post on his social media platform Truth Social, Trump said the US would likely maintain control of the waterway, describing the ongoing naval blockade as a “wall of steel.”
On August 13, 2026, former US President Donald Trump expressed his views on Iran during a live news update. He claimed that Iran has "No Money" and criticized Tehran for its "300% INFLATION." Trump announced plans for a "WALL OF STEEL" naval blockade in the Strait of Hormuz, a move that intensified the ongoing dispute between the US and Iran over control of the vital waterway.
Iranian officials, including IRGC General Mohammad Reza Naqdi, responded with confidence, asserting that their country could sustain missile production for years, potentially prolonging the conflict until 2029. He also claimed that Iran has learned how to fight the US during the recent five-month war.
Meanwhile, in other global headlines, Russia's Vladimir Putin visited Iturup, one of the southern Kuril Islands, which Japan claims as part of its Northern Territories. Japan formally protested Russia's visit, describing it as "absolutely unacceptable."
In South Korea, a crop of potatoes appeared healthy but was later found to be rotten, raising concerns among local farmers. Meanwhile, Brazil's data protection agency ordered the social media platform Discord to suspend livestreams following the suicide of a teenager linked to the platform. The agency criticized Discord for failing to protect minors from harmful content.
On the sports front, Australian golfer Jessica Bang, 18, died in Bangkok after suffering a brain hemorrhage. Her family confirmed her passing on August 13. In the Perseids meteor shower, viewers in India are expected to see up to 50-100 meteors per hour, under dark skies free from city lights.
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