President Trump said Monday he will deliver a primetime address to the nation on Thursday at 9 p.m. EDT, as the administration escalates its confrontation with Iran over the strategic Strait of Hormuz.
The speech, announced on Truth Social, comes just hours after Trump ordered the reinstatement of a naval blockade on Iranian vessels in the waterway, declaring the United States the “guardian” of the strait. The move marks a sharp reversal from last month’s memorandum of understanding that had raised hopes for de-escalation and negotiations.
“All other countries will have fair and open use of the Strait,” Trump said earlier Monday, adding that the U.S. will be known as “the Guardian of the Hormuz Strait.” He also announced a 20% levy on all cargo shipped through the strait, calling it a matter of “FAIRNESS” for the security costs borne by the United States.
U.S. Central Command confirmed the blockade will take effect on July 14 at 4 p.m. EDT. The announcement followed a “new wave of offensive strikes” by the U.S. against Iran on Sunday, hitting “dozens of targets.”
Iran swiftly denounced the blockade as “illegal interference” and vowed not to allow what it called “a rogue and child-killing army” to take control of the strait. The rhetoric signals a deepening standoff that threatens global oil shipments and regional stability.
The president did not specify the content of his Thursday address, but the timing suggests it will focus on the Iran crisis and the administration’s broader strategy. The move also comes amid ongoing debates in Congress over foreign policy priorities, including the blockade and shipping levy.
Critics have accused Trump of using the crisis to advance personal financial interests, noting that his net worth has surged by $2.2 billion this year, partly due to policies that benefit his business holdings. The 20% levy has drawn particular scrutiny as a potential revenue stream that could enrich the president’s family.
The escalation marks a significant shift from last month’s memorandum, which had been seen as a step toward negotiations. Now, with both sides trading strikes and threats, the prospect of a broader conflict looms large. The Thursday address will be closely watched for any signals of a path forward or further military action.
As the situation unfolds, allies and adversaries alike are bracing for the impact on global energy markets and maritime security. The Strait of Hormuz is a critical chokepoint for oil shipments, and any disruption could send prices soaring.
