No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Thursday, June 18, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

After Greenland crisis, Trump suggests NATO owes him help on Iran war for U.S. support of Ukraine

by TheAdviserMagazine
3 months ago
in Business
Reading Time: 5 mins read
A A
After Greenland crisis, Trump suggests NATO owes him help on Iran war for U.S. support of Ukraine
Share on FacebookShare on TwitterShare on LInkedIn



Just two months ago, NATO was in the middle of an existential crisis over President Donald Trump’s insistence that the U.S. take control of Greenland. He threatened tariffs and refused to rule out military action, but eventually backed down.

Then on Sunday, Trump demanded the alliance help him clear the Strait of Hormuz, which Iran has blocked since the U.S. and Israel launched their war on the Islamic republic two weeks ago.

“It’s only appropriate that people who are the beneficiaries of the Strait will help to make sure that nothing bad happens there,” Trump told the Financial Times, while also saying he could delay his summit with Chinese President Xi Jinping. “If there’s no response or if it’s a negative response I think it will be very bad for the future of NATO.” 

After he precipitated the Greenland crisis this year and launched a trade war last year, allies have been re-evaluating the global order and their long-term future with the U.S.

Trump admitted to the FT that he’s pessimistic about U.S. allies coming to his aid. But he suggested NATO owes him, despite years of berating member states for not spending more on defense and even belittling their losses fighting with the U.S. in Afghanistan.

“We’ve been very sweet,” Trump said. “We didn’t have to help them with Ukraine. Ukraine is thousands of miles away from us … But we helped them. Now we’ll see if they help us. Because I’ve long said that we’ll be there for them but they won’t be there for us. And I’m not sure that they’d be there.”

He explained that NATO help could come in the form of minesweepers or commandos, and downplayed the military threat that Iran poses. While Iran’s military has indeed been decimated by U.S. and Israeli bombardment, it still packs enough punch to scare commercial shipping away from the Strait of Hormuz.

Iran seize gatekeeper role

But Tehran is also signaling that the strait isn’t totally closed and that it wields the power to choose who may pass, as the U.S. military has yet to re-establish free navigation through the narrow waterway.

Oil prices have soared as Iran’s attacks on shipping in the Persian Gulf have created a de facto blockade over the strait, through which one-fifth of the world’s oil and liquid natural gas flow, with Wall Street warning crude could even hit $150 a barrel in a prolonged conflict.

Iranian Foreign Minister Abbas Araghchi said Sunday that vessels from different countries have already been allowed to transit the strait and that a number of governments have approached Tehran about securing safe passage for their ships.

“I cannot mention any country in particular,” he told on CBS News. “And this is up to our military to decide.”

Reports have indicated that Iran is getting its oil shipments out to top customer China, while hundreds of tankers carrying supplies from other countries remain bottled up in the Gulf.

That keeps critical revenue rolling into Iran. By contrast, Saudi Arabia, Iraq, and other top producers have been forced to pump less with nowhere left to stash their output.

Meanwhile, Trump ordered an attack on military sites on Kharg Island, Iran’s top oil export node, upping the ante of escalation. He is also trying to assemble a naval coalition to reopen the strait. Sources told the Wall Street Journal on Sunday that the administration could soon announce an escort mission that involves multiple countries, though it wasn’t clear if operations would begin before or after hostilities end.

Trump earlier called on China, France, Japan, South Korea, Britain and others to send warships to the Middle East, though responses have been non-committal so far. At the same time, the U.K. and the Gulf Cooperation Council said member states “have the right to take all necessary measures to defend their security and stability and protect their territories, citizens and residents.”

But the Strait of Hormuz remains contested waters, and U.S. Navy officials have called it a “kill box” where Iran’s missiles, aerial drones, underwater drones, surface drones, mines, and small fast-attack boats pose numerous threats. Given the risks to multibillion-dollar warships, the Navy has turned down requests from shipping companies to provide protection.

European officials are considering a naval mission to the Strait of Hormuz but admit that their current effort to protect shipping in the Red Sea “hasn’t been effective.”

“That’s why I’m very skeptical whether an expansion of Aspides into the Strait of Hormuz could provide more security,” German Foreign Minister Johann Wadephul said, adding that Germany won’t take an active role in the war.

‘All U.S. response options are suboptimal’

Defense experts say a proper naval escort mission would require more ships as well as air power and perhaps ground troops to neutralize Iranian threats.

The Strait of Hormuz is navigationally constrained, and reaction times to attacks from the coast are short, according to Jennifer Parker, founder of Barrier Strategic Advisory and a veteran of the Royal Australian Navy.

As a result, escort operations at scale would require significant numbers of warships, plus combat air patrols that would take aircraft away from other missions, she added in a threat on X on Saturday.

“Responding to coastal launch sites as they emerge would require coordinated strike operations ashore and perhaps marines — the latter a clear escalation risk,” Parker wrote. “Without significantly degrading Iran’s UAV and USV capability, escorts alone are unlikely to enable the safe transit of large numbers of tankers.”

Then there’s the problem of clearing any mines in the strait. Despite the U.S. wiping out Iran’s navy, the Islamic Revolutionary Guard Corps can still use small boats to deploy mines, and not many are needed to scare away commercial traffic.

The U.S. also shrank its minesweeping fleet, and its remaining ships are stationed in Asia. A new class of littoral combat ship was designed to handle minesweeping missions, but it has yet to be used in combat.

“Historically, mine clearance has been slow, and it is almost impossible to do under fire,” MIT political science professor Caitlin Talmadge wrote in Foreign Affairs on Friday. 

Like Parker, she said defending the strait in the middle of a shooting war may require the U.S. to take control of the Iranian coast by inserting Marines or special operations forces.

In fact, the U.S. is deploying a Marine Expeditionary Unit to the Mideast with more than 2,000 troops, though some analysts have raised the possibility of an amphibious attack on Kharg Island.

“In short, if Iran effectively mines the strait, all U.S. response options are suboptimal,” Talmadge warned. “The United States should therefore focus aggressively on preventing Iranian mine-laying in the first place and finding an off-ramp from the larger war. If it does not, Washington should expect that ongoing harassment of traffic in the strait will be but one of a number of responses that Iran has long prepared and will now deploy.”



Source link

Tags: CrisisGreenlandIranNATOOwesSuggestsSupportTrumpU.SUkraineWar
ShareTweetShare
Previous Post

ETMarkets Smart Talk | Power, infra, auto sectors look attractive after correction: Devang Mehta

Next Post

When Harvey Met Elle: How AI Tutors Transformed Learning in My Law Class – Faculty Focus

Related Posts

edit post
Wiz cofounder: We must change quickly to thwart AI

Wiz cofounder: We must change quickly to thwart AI

by TheAdviserMagazine
June 18, 2026
0

After the huge exit of Wiz, which was acquired by Google for $32 billion, cofounder and CTO Ami Luttwak...

edit post
SpaceX shares decline for first time since blockbuster debut

SpaceX shares decline for first time since blockbuster debut

by TheAdviserMagazine
June 17, 2026
0

New York: SpaceX shares fell for the first time since their record-setting IPO on Wednesday, snapping a three-day rally that...

edit post
Kevin Warsh showed that he’s decisively not Trump’s ‘sock puppet’—and markets didn’t like it

Kevin Warsh showed that he’s decisively not Trump’s ‘sock puppet’—and markets didn’t like it

by TheAdviserMagazine
June 17, 2026
0

Before Kevin Warsh stepped up to the podium Wednesday afternoon, no one really knew which Warsh would show up: the...

edit post
The froyopocalypse is over. Gen Z is swarming frozen yogurt shops like it’s 2010

The froyopocalypse is over. Gen Z is swarming frozen yogurt shops like it’s 2010

by TheAdviserMagazine
June 17, 2026
0

If you’re a froyo fiend, get in line (literally). The frozen yogurt winter is over, as Americans brave long lines to pull...

edit post
Gold falls 1% after Fed holds rates steady, signals rate hike this year

Gold falls 1% after Fed holds rates steady, signals rate hike this year

by TheAdviserMagazine
June 17, 2026
0

Gold prices reversed course to drop more than 1% on Wednesday after the U.S. Federal Reserve held its benchmark interest...

edit post
The G7 has some special lunchtime guests this year: Sam Altman, Demis Hassabis and Dario Amodei 

The G7 has some special lunchtime guests this year: Sam Altman, Demis Hassabis and Dario Amodei 

by TheAdviserMagazine
June 17, 2026
0

Israeli Prime Minister Benjamin Netanyahu told President Donald Trump last year that he was the “greatest friend Israel ever had in the...

Next Post
edit post
When Harvey Met Elle: How AI Tutors Transformed Learning in My Law Class – Faculty Focus

When Harvey Met Elle: How AI Tutors Transformed Learning in My Law Class - Faculty Focus

edit post
Canada Quietly Turns Back To Nuclear As Net Zero Collides With Reality

Canada Quietly Turns Back To Nuclear As Net Zero Collides With Reality

  • Trending
  • Comments
  • Latest
edit post
Florida Roads Become a Battleground for Illegal Immigration

Florida Roads Become a Battleground for Illegal Immigration

June 9, 2026
edit post
Louisiana’s Age-Tiered Homestead Exemption: 8 Details About the Proposed 2028 Amendment

Louisiana’s Age-Tiered Homestead Exemption: 8 Details About the Proposed 2028 Amendment

June 15, 2026
edit post
The 8 States That Still Tax Social Security in 2026

The 8 States That Still Tax Social Security in 2026

June 6, 2026
edit post
It’s Time To Talk About Massie

It’s Time To Talk About Massie

May 23, 2026
edit post
A Tax on Social Media – Blue-State Governments’ Newest Ploy

A Tax on Social Media – Blue-State Governments’ Newest Ploy

June 5, 2026
edit post
Red Snapper Used as Cudgel by Fed Judge

Red Snapper Used as Cudgel by Fed Judge

May 31, 2026
edit post
Wiz cofounder: We must change quickly to thwart AI

Wiz cofounder: We must change quickly to thwart AI

0
edit post
How Few Rental Properties Do You Actually Need to Quit Your Job? (Coach Chad Carson Says Fewer Than You Think)

How Few Rental Properties Do You Actually Need to Quit Your Job? (Coach Chad Carson Says Fewer Than You Think)

0
edit post
8 Best Term Life Insurance Companies

8 Best Term Life Insurance Companies

0
edit post
The generation that grew up without seatbelts, without locked doors, and without parents who tracked their afternoons developed a particular relationship to risk that the current world has very little use for, and many of them are quietly mourning a kind of competence nobody asks them to demonstrate anymore

The generation that grew up without seatbelts, without locked doors, and without parents who tracked their afternoons developed a particular relationship to risk that the current world has very little use for, and many of them are quietly mourning a kind of competence nobody asks them to demonstrate anymore

0
edit post
The weather savings challenge explained: How to turn the daily forecast into meaningful savings

The weather savings challenge explained: How to turn the daily forecast into meaningful savings

0
edit post
Fed interest rate decision June 2026: Fed holds rates steady

Fed interest rate decision June 2026: Fed holds rates steady

0
edit post
The generation that grew up without seatbelts, without locked doors, and without parents who tracked their afternoons developed a particular relationship to risk that the current world has very little use for, and many of them are quietly mourning a kind of competence nobody asks them to demonstrate anymore

The generation that grew up without seatbelts, without locked doors, and without parents who tracked their afternoons developed a particular relationship to risk that the current world has very little use for, and many of them are quietly mourning a kind of competence nobody asks them to demonstrate anymore

June 18, 2026
edit post
Wiz cofounder: We must change quickly to thwart AI

Wiz cofounder: We must change quickly to thwart AI

June 18, 2026
edit post
SpaceX shares decline for first time since blockbuster debut

SpaceX shares decline for first time since blockbuster debut

June 17, 2026
edit post
In defense of the “dumb” purchase

In defense of the “dumb” purchase

June 17, 2026
edit post
7 Medicare IRMAA Triggers That Can Raise Your Premiums Two Years Later

7 Medicare IRMAA Triggers That Can Raise Your Premiums Two Years Later

June 17, 2026
edit post
Kevin Warsh showed that he’s decisively not Trump’s ‘sock puppet’—and markets didn’t like it

Kevin Warsh showed that he’s decisively not Trump’s ‘sock puppet’—and markets didn’t like it

June 17, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • The generation that grew up without seatbelts, without locked doors, and without parents who tracked their afternoons developed a particular relationship to risk that the current world has very little use for, and many of them are quietly mourning a kind of competence nobody asks them to demonstrate anymore
  • Wiz cofounder: We must change quickly to thwart AI
  • SpaceX shares decline for first time since blockbuster debut
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.