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strikeAug 12, 2026

Iran War: Iran, Ansar Allah Keep Up Attacks on Ships as Trump Insists He Controls Strait of Hormuz, Will Break Iran Economically; Press Highlights Trump Cowardice in Catering Truck Escape From Ankara | naked capitalism

Summary

[This Iran war post, as usual, went live early. Please return at 8:00 AM EDT or refresh this page then for the final version] Again, limited kinetic action and relentless Trump and Administration puffery mask that Trump has no way out of his Iran disaster save an ugly exit, a formal capitulation, or blowing up more…

Source: Yves Smith — Read the full report

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  • Yves SmithBy Yves Smith

    [This Iran war post, as usual, went live early. Please return at 8:00 AM EDT or refresh this page then for the final version] Again, limited kinetic action and relentless Trump and Administration puffery mask that Trump has no way out of his Iran disaster save an ugly exit, a for…

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