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US President Trump Seeks Gulf Monies to Defend Strait of Hormuz from Iran's Nuclear Threats: Reports Say $20B Needed

US President Trump Seeks Gulf Monies to Defend Strait of Hormuz from Iran's Nuclear Threats: Reports Say $20B Needed

US President Trump Seeks Gulf Monies to Defend Strait of Hormuz from Iran's Nuclear Threats: Reports Say $20B Needed

US President Trump Seeks Gulf Monies to Defend Strait of Hormuz from Iran's Nuclear Threats: Reports Say $20B Needed

US President Trump Seeks Gulf Monies to Defend Strait of Hormuz from Iran's Nuclear Threats: Reports Say $20B Needed

US President Trump Seeks Gulf Monies to Defend Strait of Hormuz from Iran's Nuclear Threats: Reports Say $20B Needed

US President Trump Seeks Gulf Monies to Defend Strait of Hormuz from Iran's Nuclear Threats: Reports Say $20B Needed

US President Trump Seeks Gulf Monies to Defend Strait of Hormuz from Iran's Nuclear Threats: Reports Say $20B Needed

By AI News Desk 🕐 14 July 2026, 07:48 AM 🌍 World
US President Trump Calls for Gulf Oil Wealth to Secure Hormuz

President Donald Trump on Monday called for the US to be paid by wealthy oil-producing nations in the Middle East, such as Saudi Arabia and Qatar, to secure control over the vital strait that is a key shipping route. The administration says it will launch another 'major attack' against Iran.

The Strait of Hormuz, which connects the Persian Gulf to the Arabian Sea, passes through the narrow waters at its southern end where an estimated 20% of all global oil supply travels each day. Iranian President Hassan Rouhani has warned that any move by US forces into the region would be met with

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