Key Takeaways
- President Trump publicly criticized NATO members as “cowards” for declining to assist in reopening the Strait of Hormuz
- Military operations involving the U.S. and Israel against Iran commenced on February 28 and continue into week three
- Stock market losses have reached nearly 5% on the S&P 500 since hostilities began
- Gasoline costs have surged 31%, reaching $3.91 per gallon amid shipping disruptions
- NATO members committed to future support for safe passage through the Strait, contingent on cessation of active combat
President Trump launched a scathing public critique of NATO member nations on Friday, branding them “cowards” for their unwillingness to participate in efforts to reopen the strategically vital Strait of Hormuz amid the continuing U.S.-Israel military campaign against Iran.
“Without the U.S.A., NATO IS A PAPER TIGER!” the President posted on his Truth Social platform.
Military strikes against Iranian targets initiated on February 28 have resulted in thousands of casualties and displaced millions of civilians throughout the region.
The President has made multiple appeals to major allied nations for assistance in securing maritime commerce through the Strait of Hormuz, a crucial shipping channel under Iranian control. Vessel traffic through this critical waterway has ground to a virtual halt.
Notably, allied governments received no advance notification or consultation prior to the commencement of military operations.
Trump characterized the mission to reopen the Strait as straightforward and presenting minimal risk for NATO member states.
“Now that fight is Militarily WON, with very little danger for them, they complain about the high oil prices they are forced to pay, but don’t want to help open the Strait of Hormuz,” his statement read.
He concluded with an unmistakable threat: “COWARDS, and we will REMEMBER!”
Economic Fallout From the Conflict
The S&P 500 has declined nearly 5% in value since military operations launched on February 28. Consumer gasoline prices have experienced a dramatic 31% increase, climbing to $3.91 per gallon as supply chains suffer from the complete disruption of traffic through the Strait.
Oil prices have maintained their upward trajectory as the military standoff extends into its third week without meaningful indications of de-escalation from Washington or Tehran.
The President directly attributed soaring oil costs to the blocked Strait, describing its reopening as “a simple military maneuver” that allies should undertake.
Allied Nations’ Position
Seven nations—Germany, Britain, France, Italy, the Netherlands, Japan, and Canada—issued a coordinated statement Thursday committing to participate in “appropriate efforts to ensure safe passage through the Strait.”
German Chancellor Friedrich Merz explicitly stated that any German military participation would be contingent upon the conclusion of active hostilities.
French President Emmanuel Macron, addressing reporters following a European Union summit in Brussels, emphasized that advocating for de-escalation and upholding international legal frameworks represented “the best we can do.”
He further noted: “I have not heard anyone here express a willingness to enter this conflict — quite the opposite.”
The substantial divide between the President’s expectations and NATO’s stated position persists as the conflict enters its third week without prospects for an immediate ceasefire.
As of Friday evening, maritime traffic through the Strait of Hormuz remains essentially paralyzed, while both Washington and Tehran demonstrate little inclination toward diplomatic compromise.



