UK FACT CHECK POLITICS
UK FACT CHECK POLITICS
Voting intention Labour Lab 28% Reform Ref 24% Con Con 18% Green Grn 11% Poll tracker

Menu

Account

Trump Threatens Economic Warfare on Iran

armscontrol.org 08 September 2026 at 04:52 View original article →

The original link is the material being checked. It may contain false or misleading claims — we link for transparency, not endorsement.

83/100
Verdict High Trust Largely Reliable — Expert Specialist Reporting with Minor Attribution and Dating Errors

The submitted text is a verbatim reproduction of 'Trump Threatens Economic Warfare on Iran' by Kelsey Davenport, published in Arms Control Today (Arms Control Association), September 2026 (https://www.armscontrol.org/act/2026-09/news/trump-threatens-economic-warfare-iran).

23 checks out 5 disputed ? 6 unverified
Full analysis The complete summary

The submitted text is a verbatim reproduction of 'Trump Threatens Economic Warfare on Iran' by Kelsey Davenport, published in Arms Control Today (Arms Control Association), September 2026 (https://www.armscontrol.org/act/2026-09/news/trump-threatens-economic-warfare-iran). The author is a verified subject-matter specialist (Director for Nonproliferation Policy, Arms Control Association: https://www.armscontrol.org/about/Kelsey_Davenport). Targeted research against mainstream and primary sources confirms the overwhelming majority of the article's substantive factual claims: the 28 February 2026 US-Israeli strikes on Iran; the June 2026 14-point 'Islamabad Memorandum' establishing a 60-day negotiating window; the window's expiry on 17 August 2026 without agreement; Araghchi's 'end of the war, not a ceasefire' remark to ISNA; Gharibabadi's 'cannot be seized by a tweet, nor by aircraft carrier' response; Trump's 18 August Truth Social post declaring no talks and the blockade 'in full force'; Trump's 19 August 'MOST CRUSHING ECONOMIC OPERATION' announcement; Araghchi's 'doubling down on failed policies' reply; and the Pickaxe Mountain cluster (Trump's July threat, the 21 July Wall Street Journal centrifuge report, Baghaei's 22 July denial, and the Massive Ordnance Penetrator's status as the largest US conventional weapon). Three defects reduce the score. First, the article states Trump said on 14 August 'on Truth Social' that he would declare the Strait 'a territory of the United States' and 'posted a map' — multiple dated outlets place that remark at a New York campaign rally on 14 August, with the map posted to Truth Social on 18 August; the article conflates two separate events and misattributes the venue. Second, Araghchi's Telegram posts are dated 14 and 16 August in the text, whereas Al Jazeera's contemporaneous report places both quoted lines in a single Saturday (15 August) post. Third, the Treasury Secretary's surname is misspelled 'Bessett' (correct: Scott Bessent), and the specific 13 August Newsmax interview cited could not be located, although its substance (dismantling Iran's shadow-banking networks) is corroborated by a 7 August US Treasury press release. Presentationally, the piece is low-emotion and quote-driven, but asserts as fact that the February strikes were 'illegal' — a contested legal characterisation stated without attribution — and overstates that the memorandum 'reopened the Strait of Hormuz', when in practice the waterway remained effectively closed and Iran continued to assert it was shut. The forward assessment that 'neither side appears poised to return to war' was overtaken within days by resumed exchanges of fire and a renewed US strike on an Iranian tanker.

What checked out (23)
  • VERIFIED: The conflict began on 28 February 2026 with US and Israeli air strikes on Iran. Corroborated by the UK House of Commons Library briefing 'US-Iran ceasefire and nuclear talks in 2026' (https://commonslibrary.parliament.uk/research-briefings/cbp-10637/), which also records that Supreme Leader Ali Khamenei was killed and that Iran closed the Strait of Hormuz in response.
  • VERIFIED: A memorandum of understanding was reached in June 2026 establishing a 60-day negotiating window. Al Jazeera confirms the 14-point MoU was signed on 17 June by President Pezeshkian and President Trump following talks hosted and mediated by Pakistan (https://www.aljazeera.com/news/2026/8/17/us-iran-memorandum-of-understanding-expires-how-and-why-it-fell-apart); the text is archived at The American Presidency Project (https://www.presidency.ucsb.edu/documents/islamabad-memorandum-understanding-between-the-united-states-america-and-the-islamic).
  • VERIFIED: The 60-day window expired on 17 August 2026 without an agreement. Corroborated by CNN live coverage (https://www.cnn.com/2026/08/17/world/live-news/iran-war-trump), CBS News (https://www.cbsnews.com/live-updates/us-iran-war-deal-expired-strait-of-hormuz/), NewsNation (https://www.newsnationnow.com/world/us-iran-war-memorandum-of-understanding/) and Iran International (https://www.iranintl.com/en/202608172808), the last reporting that Washington rejected an extension.
  • VERIFIED: Pakistan and Qatar acted as mediators during the period. Al Jazeera reports mediators from both Qatar and Pakistan were engaged (https://www.aljazeera.com/news/2026/8/15/iran-says-no-decision-yet-on-a-return-to-talks-with-the-us).
  • VERIFIED: Araghchi said the June memorandum marked 'the end of the war, not a ceasefire', per the Iranian Students' News Agency. Corroborated by Al Jazeera (https://www.aljazeera.com/news/2026/8/16/us-iran-mou-is-set-to-expire-what-to-know) and The Diplomatic Insight (https://thediplomaticinsight.com/islamabad-mou-called-for-end-to-war-not-ceasefire-extension/).
  • VERIFIED: Araghchi stated Iran had 'not yet made a decision to restart negotiations with the United States' in a Telegram post. Corroborated by Al Jazeera (https://www.aljazeera.com/news/2026/8/15/iran-says-no-decision-yet-on-a-return-to-talks-with-the-us).
  • VERIFIED: Trump claimed in early August that the US and Iran were talking and a Hormuz deal was close. Corroborated by The Washington Post (https://www.washingtonpost.com/national-security/2026/08/03/trump-claims-active-ceasefire-talks-iran-denies-direct-negotiations/), CNBC (https://www.cnbc.com/2026/08/05/us-iran-war-trump-hormuz-bessent-iran-deal-close.html) and CNN (https://www.cnn.com/2026/08/05/world/live-news/iran-war-trump).
  • VERIFIED: Trump's 18 August Truth Social post stated there are no talks or conversations going on or scheduled with Iran, that the naval blockade 'remains in full force and effect', and that the Hormuz Strait 'is open and operating'. Corroborated verbatim by Reuters via US News (https://www.usnews.com/news/world/articles/2026-08-18/trump-says-no-talks-are-taking-place-with-iran-and-none-are-scheduled), Al Jazeera (https://www.aljazeera.com/news/2026/8/18/no-talks-with-iran-says-trump-as-us-president-stews-over-hormuz-deal) and CNBC (https://www.cnbc.com/2026/08/18/us-iran-war-trump-hormuz-trump-ceasefire-expires-extension-.html).
  • VERIFIED: Trump used the words 'After we finish defeating Iran' and said he would be 'declaring the Hormuz Strait a territory of the United States' on 14 August. Corroborated by NOTUS (https://www.notus.org/donald-trump/strait-of-hormuz-us-territory), NBC News (https://www.nbcnews.com/politics/trump-administration/live-blog/trump-congress-2026-elections-doj-live-updates-rcna592467) and Al Jazeera (https://www.aljazeera.com/news/2026/8/14/trump-says-he-will-declare-strait-of-hormuz-a-us-territory). NOTE: venue/date attribution error handled separately below.
  • VERIFIED: Trump posted a map labelling the Strait of Hormuz as US territory. Corroborated by The Hill (https://thehill.com/homenews/administration/6034751-trump-posts-map-labeling-strait-of-hormuz-as-us-territory/), The Media Line (https://themedialine.org/headlines/president-trump-posts-map-labeling-strait-of-hormuz-new-us-territory/) and The Jerusalem Post (https://www.jpost.com/middle-east/iran-news/article-905890).
  • VERIFIED: Gharibabadi responded on X that the 'Strait of Hormuz cannot be seized by a tweet, nor by aircraft carrier' and that it 'has been Iranian, is Iranian, and will remain Iranian'. Corroborated by Fox News (https://www.foxnews.com/live-news/iran-war-trump-strait-of-hormuz-08-14-26), Mehr News Agency (https://en.mehrnews.com/news/246961/No-one-can-seize-Straif-of-Hormuz-by-Tweets-Iran-warns-Trump) and ANI (https://aninews.in/news/world/us/strait-of-hormuz-cannot-be-seized-by-tweet-or-election-speech-iran-hits-back-at-trumps-us-territory-remark20260815030905/). The full quotation also includes 'nor by issuing an order, nor by an election speech', which the article truncates without ellipsis.
  • VERIFIED: Charging transit tolls in the Strait would be contrary to international law. The Jerusalem Post cites Articles 38 and 44 of UNCLOS, under which Iran cannot suspend, impede or charge tolls for vessels in transit passage (https://www.jpost.com/middle-east/iran-news/article-906398). The same legal principle applies to any state asserting toll rights over the strait.
  • VERIFIED: Trump announced 'Economic Warfare' and the 'MOST CRUSHING ECONOMIC OPERATION EVER TAKEN AGAINST ANY COUNTRY' on 19 August, threatening consequences for countries doing business with Iran. Corroborated by CNBC (https://www.cnbc.com/2026/08/19/us-iran-war-trump-hormuz-economic-warfare.html), The Hill (https://thehill.com/homenews/administration/6040249-trump-announces-economic-warfare-iran/), Al Jazeera (https://www.aljazeera.com/news/2026/8/19/trump-announces-most-crushing-economic-operation-ever-against-iran) and CNN (https://www.cnn.com/2026/08/20/world/live-news/iran-war-trump).
  • VERIFIED: Araghchi replied on X on 19 August that 'doubling down on failed policies will only bring further defeat—and enmity of Iranians'. Corroborated by The Hill (https://thehill.com/policy/international/6040680-iran-minister-slams-trump-economic-dday/), The Jerusalem Post (https://www.jpost.com/middle-east/iran-news/article-906065) and the author's own X account (https://x.com/araghchi/status/2090316936206790973).
  • VERIFIED: Trump threatened in July to strike the Pickaxe Mountain site near Natanz. Corroborated by ABC News, which quotes 'We'll be hitting that area pretty soon, and very heavily' from the Oval Office (https://abcnews.com/Politics/pickaxe-mountain-trump-us-hit-iranian-nuclear-site/story?id=134957036), and CNBC (https://www.cnbc.com/2026/07/22/pickaxe-mountain-location-nuclear-iran-trump.html).
  • VERIFIED: The Wall Street Journal reported on 21 July that Israeli intelligence assessed Iran moved thousands of enrichment centrifuges into Pickaxe Mountain, and that Israel shared the intelligence with the US. Corroborated by Times of Israel (https://www.timesofisrael.com/israeli-intel-said-to-show-iran-has-moved-centrifuges-to-natanzs-pickaxe-mountain/), Haaretz (https://www.haaretz.com/middle-east-news/iran/2026-07-21/ty-article/wsj-israel-believes-iran-moved-thousands-of-centrifuges-to-underground-facility/0000019f-8294-de59-a5bf-feff139d0000) and The Jerusalem Post (https://www.jpost.com/middle-east/iran-news/article-903128).
  • VERIFIED: Foreign ministry spokesman Esmail Baghaei said on 22 July that no nuclear activity is taking place at Pickaxe Mountain. Corroborated by Iran International (https://www.iranintl.com/en/202607226364), The Washington Times (https://www.washingtontimes.com/news/2026/jul/22/iran-denies-nuclear-activity-pickaxe-mountain-donald-trumps-threats/) and TIME (https://time.com/article/2026/07/24/iran-pickaxe-mountain-underground-nuclear-site-trump-threat-strikes/).
  • VERIFIED: The Massive Ordnance Penetrator (GBU-57) is the largest conventional weapon in the US arsenal, designed for deeply buried targets. Corroborated by The Defense Post (https://thedefensepost.com/2026/07/01/gbu-57-bomb-guide/) and Forecast International (https://dsm.forecastinternational.com/2025/06/23/with-gbu-57s-u-s-finally-deploys-weapon-designed-specifically-for-irans-hardened-nuclear-sites/).
  • VERIFIED: The IAEA cannot account for Iran's centrifuge inventory. IAEA Board of Governors report GOV/2026/8, 27 February 2026, states that owing to lack of access since February 2021 to Iran's centrifuge component manufacturing, assembly and testing workshops, the Agency cannot provide information on Iran's current inventory (https://www.iaea.org/sites/default/files/gov2026-8.pdf). Further supported by ISIS analysis (https://isis-online.org/isis-reports/analysis-of-iaea-iran-verification-and-monitoring-and-npt-safeguards-reports-june-2026).
  • VERIFIED: Iran is pursuing charges on shipping through the Strait and is working with Oman on new routes. Corroborated by NPR (https://www.npr.org/2026/08/06/nx-s1-5923623/iran-strait-hormuz-us-israel-ban), Bloomberg (https://www.bloomberg.com/news/articles/2026-08-05/iran-says-agreement-on-hormuz-shipping-route-reached-with-oman), The Washington Times (https://www.washingtontimes.com/news/2026/aug/5/iran-oman-agree-new-shipping-routes-hormuz-washington-tehran-circle/) and Al Jazeera (https://www.aljazeera.com/news/2026/8/26/iran-oman-agree-on-temporary-hormuz-route-what-we-know).
  • VERIFIED: Iran targeted vessels that did not use its coordinated passage arrangements. CNN records that Iran rejected how ships were transiting and began targeting vessels (https://www.cnn.com/2026/08/17/world/live-news/iran-war-trump); Britannica records that the conflict resumed in July after Iran struck three commercial vessels that bypassed its preapproved route (https://www.britannica.com/event/2026-Iran-war); Fox News reported UAE allegations of 'unprovoked attacks' on tankers (https://www.foxnews.com/live-news/iran-war-trump-strait-of-hormuz-08-14-26).
  • VERIFIED: The author and outlet are as stated. Kelsey Davenport is Director for Nonproliferation Policy at the Arms Control Association (https://www.armscontrol.org/about/Kelsey_Davenport), and the article appears in Arms Control Today, September 2026 (https://www.armscontrol.org/act/2026-09/news/trump-threatens-economic-warfare-iran).
  • VERIFIED: The substance of increased US financial pressure on Iran's clandestine banking networks. US Department of the Treasury press release, 7 August 2026, 'Treasury Dismantles Iranian Regime's Global Clandestine Currency Networks' (https://home.treasury.gov/news/press-releases/sb0596).
Disputed claims 5 claims
  • DISPUTED / INACCURATE ATTRIBUTION: The article states Trump 'said Aug. 14 on Truth Social' that he would declare the Strait a US territory 'and posted a map labeling the area a U.S. territory'. At least four dated secondary sources place the 14 August remark at a New York campaign rally for law-enforcement officers supporting candidate Bruce Blakeman, not on Truth Social — NOTUS (https://www.notus.org/donald-trump/strait-of-hormuz-us-territory), NBC News (https://www.nbcnews.com/politics/trump-administration/live-blog/trump-congress-2026-elections-doj-live-updates-rcna592467), Al Jazeera (https://www.aljazeera.com/news/2026/8/14/trump-says-he-will-declare-strait-of-hormuz-a-us-territory) and Euronews (https://www.euronews.com/2026/08/23/trump-claims-hormuz-on-truth-social-rezaei-says-shut-until-us-changes). The map post is separately and consistently dated Tuesday 18 August by The Hill (https://thehill.com/homenews/administration/6034751-trump-posts-map-labeling-strait-of-hormuz-as-us-territory/), The Media Line (https://themedialine.org/headlines/president-trump-posts-map-labeling-strait-of-hormuz-new-us-territory/), Mediaite (https://www.mediaite.com/media/news/trump-declares-strait-of-hormuz-as-new-us-territory-in-bonkers-truth-social-post/) and KPTV/CNN, the latter noting it came 'a week after first threatening the claim' (https://www.kptv.com/2026/08/19/trump-doubles-down-threat-claim-strait-hormuz/). The article therefore conflates two distinct events four days apart and misstates the medium of the first.
  • DISPUTED / OVERSTATED: The claim that the memorandum 'reopened the Strait of Hormuz to maritime traffic'. TIME's report on the agreement text describes commitments 'aimed to ensure the full, toll-free reopening' of the Strait — an undertaking, not an accomplished reopening (https://time.com/article/2026/06/17/us-iran-peace-deal-agreement-leaked-draft-text/). The Hill describes the waterway as 'effectively closed since early March' (https://thehill.com/homenews/administration/6040249-trump-announces-economic-warfare-iran/), and Euronews reports senior Iranian official Rezaei stating on 23 August that the Strait remains shut (https://www.euronews.com/2026/08/23/trump-claims-hormuz-on-truth-social-rezaei-says-shut-until-us-changes). The article's own later paragraphs partially self-correct this, creating internal tension.
  • FACTUAL ERROR (NAME): 'U.S. Treasury Secretary Scott Bessett' is a misspelling. The office-holder is Scott Bessent, sworn in 28 January 2025 (https://en.wikipedia.org/wiki/Scott_Bessent; https://home.treasury.gov/news/press-releases/sb0596).
  • CONTESTED / OVERTAKEN BY EVENTS: 'neither side appears poised to return to war' and 'Tehran ... does not appear to be taking any concerted steps to rebuild its nuclear program'. JINSA's Iran War Update for 1–2 September 2026 records that Trump declared the MoU 'over' and that both sides resumed exchanging fire (https://jinsa.org/wp-content/uploads/2026/09/Iran-War-Update-9.2.26.pdf). Al Jazeera reported on 5 September that Trump renewed his Pickaxe Mountain strike threat and that an Iranian tanker off Kharg Island was struck (https://www.aljazeera.com/news/2026/9/5/why-is-trump-threatening-to-strike-irans-pickaxe-mountain-again-now). This is a prospective judgement at time of writing rather than a false factual assertion, but readers should treat it as superseded.
  • MINOR QUOTATION IMPRECISION: The article renders Trump's July threat as 'would be hitting that area very soon'. Contemporaneous outlets record 'We'll be hitting that area pretty soon, and very heavily' (ABC News, https://abcnews.com/Politics/pickaxe-mountain-trump-us-hit-iranian-nuclear-site/story?id=134957036) and 'probably pretty soon' (TIME, https://time.com/article/2026/07/24/iran-pickaxe-mountain-underground-nuclear-site-trump-threat-strikes/). The Gharibabadi quotation is also silently truncated.
? Unverified claims 6 claims
  • UNVERIFIED: That Treasury Secretary Bessent gave the cited remarks to Newsmax specifically on 13 August 2026. A Newsmax interview with Bessent on Iran sanctions was located but is dated 2 September 2026 (https://www.newsmax.com/newsmax-tv/scott-bessent-iran-sanctions/2026/09/02/id/1268089/). The substantive claim about dismantling Iran's shadow-banking system is independently corroborated by Treasury's 7 August release (https://home.treasury.gov/news/press-releases/sb0596) and Fox Business (https://www.foxbusiness.com/politics/bessent-vows-asphyxiate-iran-economically-warns-regimes-offshore-assets-frozen), so the claim is treated as sourcing-unverified rather than false.
  • UNVERIFIED: The precise dating of Araghchi's Telegram posts to 14 and 16 August. Al Jazeera, reporting on 15 August, attributes both the 'no decision to restart negotiations' line and the 'routes that previously existed are no longer functional' line to a single Telegram post made on Saturday, i.e. 15 August (https://www.aljazeera.com/news/2026/8/15/iran-says-no-decision-yet-on-a-return-to-talks-with-the-us). Dawn carries the same quotation without confirming the article's dates (https://www.dawn.com/news/2023207/araghchi-says-talks-with-oman-and-reopening-of-hormuz-are-two-separate-issues). A ±1–2 day discrepancy exists; whether Araghchi made additional posts on 14 and 16 August could not be confirmed, so this is marked Unverified, not False.
  • UNVERIFIED: That both the United States and Iran violated the ceasefire commitment during the 60-day window. Substantial corroboration exists that violations occurred on both sides — CNN reports Iran targeted vessels and 'the US responded by launching intensive strikes against Iranian targets' (https://www.cnn.com/2026/08/17/world/live-news/iran-war-trump) — but attribution of formal 'violation' is a contested legal-political judgement rather than an established fact, and each party denies responsibility.
  • UNVERIFIED: The article's characterisation that maritime traffic 'remains well below prewar levels'. Directionally consistent with reporting that the Strait has been effectively closed since early March (https://thehill.com/homenews/administration/6040249-trump-announces-economic-warfare-iran/), but no traffic-volume dataset was located in this research cycle to quantify 'well below'.
  • UNVERIFIED: The article's assertion that Trump 'suggested July 21 that Iran did not move any nuclear materials to Pickaxe Mountain'. ABC News reports Trump said Iran 'may have' moved centrifuges but 'we don't have it on record' (https://abcnews.com/Politics/pickaxe-mountain-trump-us-hit-iranian-nuclear-site/story?id=134957036), and TIME reports Trump said the US was watching the site closely and did not see activity (https://time.com/article/2026/07/24/iran-pickaxe-mountain-underground-nuclear-site-trump-threat-strikes/). These are consistent with, but do not precisely establish, a specific claim about nuclear material as distinct from centrifuges.
  • UNVERIFIED: That the strikes of 28 February 2026 were 'illegal'. This is a contested question of international law on which no authoritative adjudication was located; the article states it as settled fact without attribution.
Sources & how we checked Search journal, source grades, confidence
Confidence

High (0.86) — Confidence is high because the article proved unusually checkable and the evidence base was deep, recent and diverse. Nineteen search rounds surfaced independent corroboration for every material claim from at least two of: primary documentation (the memorandum text at the American Presidency Project, IAEA GOV/2026/8, a US Treasury press release, Araghchi's own X post), an official parliamentary research briefing, and a broad spread of Western, Israeli, Iranian and South Asian news organisations — all carrying dates within the July–September 2026 window. The original publication was located and confirms the submitted text is verbatim, eliminating any risk of misquotation by the submitter. The identified defects are narrow and well evidenced: the Truth Social misattribution is contradicted by four separately dated reports of a rally appearance plus four more dating the map post to 18 August, and the Bessent misspelling is contradicted by the Treasury's own materials. Confidence is held below 0.90 rather than higher for four reasons: the Wall Street Journal report of 21 July could only be read through secondary summaries owing to paywalling; Araghchi's Telegram channel could not be inspected directly, leaving the ±1–2 day dating discrepancy resolvable only by inference; the specific 13 August Newsmax interview could not be located, so a sourcing claim remains open rather than settled; and the article contains prospective judgements and a contested legal characterisation ('illegal') that are not susceptible to factual verification at all and have therefore been adjudicated on framing rather than on evidence. The trust score of 83 reflects a well-sourced, expert-authored piece whose substantive reporting holds up robustly, marked down principally for one clear attribution conflation, one overstated summary of the memorandum's effect, a proper-name error, and an unattributed legal conclusion.

Search journal

Iran nuclear talks August 2026

US Iran 60-day negotiating window expired August 2026 no agreement

Trump Truth Social Hormuz Strait territory of the United States August 2026

Araghchi August 2026 end of the war not a ceasefire

Trump economic warfare Iran August 2026 crushing economic operation

Trump August 14 2026 Truth Social declaring Hormuz Strait territory United States after we finish defeating Iran

Gharibabadi Strait of Hormuz cannot be seized by a tweet nor by aircraft carrier

Trump August 18 2026 no talks or conversations going or scheduled Iran naval blockade full force

Scott Bessent Newsmax August 2026 Iran shadow banking dismantle

Pickaxe Mountain Natanz Trump July 2026 hitting that area very soon

Wall Street Journal Iran moved thousands of centrifuges Pickaxe Mountain July 2026 Israeli intelligence

Baghaei July 22 2026 no nuclear activity Pickaxe Mountain briefing

Iran Oman agreement Strait of Hormuz new shipping routes August 2026

US Iran memorandum of understanding signed 17 June 2026 Islamabad Pakistan Qatar mediators 14-point

Araghchi Telegram August 2026 routes that previously existed are no longer functional new route must be defined

Araghchi doubling down on failed policies will only bring further defeat enmity of Iranians

Iran charging ships fees Strait of Hormuz targeting vessels not coordinating with Tehran August 2026

Trump early August 2026 Iran talks deal Strait of Hormuz close claim / Trump July 21 2026 Iran did not move nuclear material Pickaxe Mountain

IAEA Grossi cannot account for Iran centrifuges / GBU-57 Massive Ordnance Penetrator largest conventional bomb / US strikes Iran September 2026 status

Article metrics

Emotion 11% · Reading grade 11.3 · 997 words

The article we checked Full text as retrieved
September 2026 By [Kelsey Davenport]( The 60-day negotiating window that the United States and Iran set for reaching a nuclear deal ended in August without an agreement, prompting U.S. President Donald Trump to announce additional economic pressure on Iran. The two states reached a memorandum of understanding in June that was intended to end the conflict that began Feb. 28 with illegal U.S. and Israeli strikes. The memorandum also reopened the Strait of Hormuz to maritime traffic and set a 60-day window for concluding a final deal, including on Iran’s nuclear program. (See [_ACT_, July/August 2026]( Both the United States and Iran violated the ceasefire commitment over the 60-day window and failed to sustain a negotiating process. Although they did engage through mediators Pakistan and Qatar during that period, there was little focus on nuclear issues, and the two sides did not agree to extend the 60-day negotiating period. As the deadline approached, both sides made military threats but neither side appears poised to return to war. Before the Aug. 17 expiration, Iranian Foreign Minister Abbas Araghchi told the Iranian Students News Agency Aug. 14 that the June memorandum of understanding marked “the end of the war, not a ceasefire.” The same day, Araghchi said in a post on Telegram that Iran has “not yet made a decision to restart negotiations with the United States.” After previously claiming in early August that Iran and the United States were talking and that a deal on the Strait of Hormuz was close, Trump said in an Aug. 18 post on Truth Social that there “are no talks or conversations going, or scheduled with” Iran. He said the U.S. naval blockade on Iran “remains in full force and effect” but that the Strait of Hormuz is “open and operating.” Maritime traffic through the Strait, however, remains well below prewar levels and Iran has targeted ships that do not coordinate passage with Tehran. After closing the waterway during the war, Iran is now seeking to charge ships for services through the Strait and is working with Oman, which also borders the waterway, on a deal that includes new shipping routes. Araghchi said in the Aug. 16 Telegram post that the “routes that previously existed are no longer functional, and a new route must be defined.” He said the resumption of shipping “depends on the fulfilment of other conditions that the United States must adhere to.” Trump, however, has suggested that the United States should administer the Strait of Hormuz and charge a toll for transiting ships, which would be illegal under international law. He said Aug. 14 on Truth Social that after “we finish defeating Iran” he will be “declaring the Hormuz Strait a territory of the United States” and posted a map labeling the area a U.S. territory. In response, Iranian Deputy Foreign Minister Kazem Gharibabadi said in an Aug. 14 post on the social media site X that the “Strait of Hormuz cannot be seized by a tweet, nor by aircraft carrier.” He said that the “Strait of Hormuz has been Iranian, is Iranian, and will remain Iranian.” Despite continued threats to attack Iran, Trump appears to have shifted U.S. strategy and announced that Washington will be ratcheting up economic pressure on the country, presumably to push Tehran to negotiate. In an Aug. 19 post on Truth Social, Trump said he offered Iran an opportunity to make a deal, but Tehran “failed to take it.” He announced that the United States would now pursue “Economic Warfare” and put in place “the MOST CRUSHING ECONOMIC OPERATION EVER TAKEN AGAINST ANY COUNTRY.” He also said any country doing business with Iran will face economic consequences. It is unclear exactly what measures Trump is considering to increase pressure. U.S. Treasury Secretary Scott Bessett told Newsmax Aug. 13 that the United States is already taking steps to dismantle Iran’s shadow banking system, which Tehran relied upon to move money. Araghchi responded to the announcement by saying in an Aug. 19 post on X that “doubling down on failed policies will only bring further defeat—and enmity of Iranians.” Although Tehran is moving to solidify control over the Strait of Hormuz, it does not appear to be taking any concerted steps to rebuild its nuclear program or increase its nuclear leverage. Trump threatened to attack a site under construction near Natanz tied to Iran’s nuclear program known as Pickaxe Mountain, telling reporters July 21 that the United States “would be hitting that area very soon.” The threat, however, appeared motivated by actions Iran took before the Feb. 28 war, not recent activity. The United States would likely need to use the Massive Ordnance Penetrator, the largest conventional weapon in the U.S. arsenal, to damage the facility, given how deeply buried it is. The United States also could try to target the tunnel entrances into Pickaxe Mountain using smaller conventional weapons. Iran declared the site to the International Atomic Energy Agency (IAEA) as a centrifuge assembly facility, but the IAEA has never inspected the site. Foreign ministry spokesman Esmail Baghaei said in a July 22 briefing that there is no nuclear activity taking place at Pickaxe. Baghaei’s comments came after _The Wall Street Journal_ reported July 21 that Iran may have moved thousands of centrifuges, the machines used to enrich uranium, into the site after the 12-day war in June 2025. Israel shared that intelligence with the United States, according to officials quoted by the newspaper. It is unclear if the centrifuge machines came from one of Iran’s known enrichment facilities or if they are machines that were produced but never installed or operated. The IAEA has warned for years that it cannot account for all of Iran’s centrifuges. Trump suggested July 21, however, that Iran did not move any nuclear materials to Pickaxe Mountain, which would be necessary if Iran intended to enrich uranium at the location. September 1, 2026 September 1, 2026 September 1, 2026 September 1, 2026 September 1, 2026 September 1, 2026

Share this fact check