US sends over 20 warships to Strait of Hormuz amid 'negotiations' with Iran; envoy says Tehran talks 'cash, cash, cash' as blockade squeezes
Mike WaltzDonald TrumpAbbas AragchiUS Central CommandWall Street Journal

US sends over 20 warships to Strait of Hormuz amid 'negotiations' with Iran; envoy says Tehran talks 'cash, cash, cash' as blockade squeezes

The U.S. has deployed over 20 warships to the Strait of Hormuz amid ongoing negotiations with Iran, where officials demand an end to sanctions and military threats. U.S. envoy Mike Waltz noted Iran's focus on accessing frozen assets, stating, "They are talking about cash, cash, cash."

theweek.in theweek.in10 August 2026 · 11:09 UTC
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The U.S. Central Command has dispatched over 20 warships to the Strait of Hormuz to enforce a blockade against Iran, as tensions rise amid negotiations. The USS Ross is among the vessels deployed to support military missions in the region.14

As of August 9, CENTCOM reported it has redirected 55 commercial vessels, disabled 2, and boarded 2 to ensure compliance with the blockade.

Iranian officials are demanding an end to the blockade, lifting of sanctions, and compensation for damages from U.S. attacks. They also seek the release of frozen assets and cessation of military threats against their regional allies.

Mike Waltz, U.S. ambassador to the UN, emphasized that Iran's negotiations focus on financial access, stating, "They are constantly asking for access to cash, access to their assets that we have frozen… that’s the squeeze. That, coupled with the blockade, that’s what’s going to eventually get the Iranians to move."23

President Donald Trump mentioned that the U.S. is "low-keying it" with Iran, indicating a semi-negotiation stance while observing Iran's economic struggles, including high inflation and financial instability.

Despite these discussions, Iran's foreign minister, Abbas Aragchi, clarified that there are no direct talks with the U.S., although negotiations with Oman are ongoing regarding traffic control in the Strait of Hormuz.

Earlier reports suggested that the U.S. is seeking to de-escalate military confrontations with Iran as the situation becomes increasingly complex.

Key Insight
“Iran's foreign minister Abbas Aragchi says no direct talks with the US, but negotiations with Oman continue, with reports of partial Iranian control over strait traffic. The Wall Street Journal reports the US president seeks to extricate the military confrontation as the conflict becomes difficult to resolve.”
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theweek.intheweek.in
“The US Central Command said it has sent over 20 warships to the Middle East to support military missions, including strict enforcement of the US blockade against Iran on Sunday. Among the vessels is the USS Ross, a US Navy destroyer.”
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