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Iran defiant on strait as Trump tells Americans to accept high gas prices

Iran says it will keep restricting traffic in the Strait of Hormuz as tanker crossings fall to two a day and Brent crude rises 6.0%, traders said.

  • On Friday evening, August 14, an Abu Dhabi National Oil Company vessel came under attack while transiting the Strait of Hormuz, with only two vessels passing through compared to more than 130 daily before the war began February 28.
  • Tehran has imposed an effective blockade of the strait since the war began in February, carrying out strikes on commercial ships; Deputy Foreign Minister Kazem Gharibabadi declared early Saturday that Iran will enforce it until the U.S. accepts defeat.
  • At a Garden City rally, President Trump justified paying "a tiny little bit more for your gasoline" to prevent "a very evil country" from obtaining nuclear weapons, as prices surged to about $4.08 per gallon, up 29% annually.
  • Treasury Secretary Scott Bessent pledged Thursday that new financial measures against Iran are coming next week, while Iranian Foreign Minister Abbas Araqchi rejected restarting negotiations as mediation by Qatar and Pakistan has stalled.
  • Regional tensions escalated Friday as Iran-backed Houthis killed four civilians in a Red Sea missile strike on Mocha and targeted Saudi Aramco with a drone, while crude oil futures gained 6.0% to 5.4% weekly and Democrats targeted Trump's energy-cost promise in November midterm elections.
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Iran defiant as Trump tells US to accept dearer petrol

The Strait of Hormuz stays closed until the US admits defeat, Iran says, while Donald Trump urges Americans to accept higher fuel prices ‌as the war drags on.

·Osborne Park, Australia
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The Detroit News broke the news in Detroit, United States on Friday, August 14, 2026.
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