Trump Blames Obama as U.S. Launches ‘Defensive Strikes’ Against Iran

Explosions were reported Monday in Bandar Abbas, Sirik, and Jask, all located near the strategically vital Strait of Hormuz, through which a significant percentage of the world’s oil supply passes each day.

Trump’s remarks also revived debate over one of the Obama administration’s most controversial foreign policy decisions: the 2016 transfer of $1.7 billion in cash and foreign currency to Iran following the implementation of the Iran nuclear agreement.

The Obama administration acknowledged at the time that the money was delivered in pallets of foreign cash because sanctions had effectively blocked Iran from accessing the international financial system.