Trump threatens to bomb Oman over Hormuz deal
Analysis based on 122 articles · First reported Aug 15, 2026 · Last updated Aug 19, 2026
Oil prices remain elevated near $90 per barrel due to the ongoing closure of the Strait of Hormuz and the risk of further escalation, threatening global energy supplies. The threat to bomb Oman, a key US ally and mediator, adds geopolitical risk premium to crude and could disrupt shipping and insurance markets.
US President Donald Trump threatened to bomb Oman if it 'gets in the way' of a US-Iran deal on the Strait of Hormuz, escalating tensions as Iran and Oman near a shipping agreement. Trump's threat, made in a Fox News interview, came as the 60-day US-Iran negotiating period expired without a breakthrough. Iran and Oman have reached an understanding on a transit route map, but Iran insists the strait will not reopen until the US meets its conditions, including lifting the blockade and sanctions. The US has imposed a naval blockade and Trump has floated declaring the strait a US territory. Meanwhile, attacks continue in the region, including a projectile strike on a ship and Houthi drone attacks on Saudi Aramco facilities. Oil prices remain elevated near $90 per barrel due to supply disruption risks.
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