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Reading: Revealed: Why Iran’s Hormuz deal can spell trouble for Trump & US army; Mojtaba to boost missile…
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BusinessLifestyleStartup

Revealed: Why Iran’s Hormuz deal can spell trouble for Trump & US army; Mojtaba to boost missile…

India Times Now
Last updated: August 19, 2026 5:01 pm
India Times Now
1 Min Read
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Iran is reportedly considering a new plan to use revenue linked to the Strait of Hormuz, with an Iranian lawmaker proposing that 40% could go toward strengthening the armed forces and military infrastructure, while 60% supports public welfare. The proposal comes as tensions between Tehran and Washington remain high. Meanwhile, Iran and Oman are reportedly preparing a joint statement on the strategic waterway, potentially outlining a new passage separate from the existing southern route. Could Tehran be tightening its grip over Hormuz while reshaping the region’s trade and security landscape? Watch the latest developments.

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