- Pakistan mediated a US-Iran peace deal, with Iran seeking a final agreement to end the war.
- Iran controls the Strait of Hormuz, shutting down shipments, while Donald Trump plans to demine the area and Pakistan mediates a deal.
Trump suggests seizing Iranian assets like Venezuela's oil, prompting fears from Iran's Foreign Ministry.
1 report, 1 independent
Updated Aug 7
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What happened
Trump suggests seizing Iranian assets like Venezuela's oil, prompting fears from Iran's Foreign Ministry.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Trump claimed the right to seize oil spoils from both Iran and Venezuela.Sub-event
Iran fears US applying Venezuela's oil seizure approach to Iranian assets.1 source
Keep exploring
The entities involved
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Hormuz
city in Hormozgan Province, Iran
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Venezuela
Country in Latin America
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)
Related events
- Talks between the US and Iran remain ambiguous, while the Houthi movement threatens Saudi shipping in the region.
- Iran uses the Strait of Hormuz as a strategic asset while supporting regional groups like Hizbullah and initiating war.
- The Strait of Hormuz is located within Iranian territory.
- Trump warned of regime annihilation regarding Iran amid Middle East tensions, speaking to Axios and Fox News.
- The capital city of Iran is Tehran. The Strait of Hormuz is relevant to Iran's oil. The deal calls for Israeli withdrawal from Lebanon. Iran supports Hezbollah.