Washington, DC: Billionaire entrepreneur Elon Musk has announced the formation of a new political party in the United States, called the America Party. The move comes shortly after a public fallout with President Donald Trump and his departure from the now-defunct Department of Government Efficiency (DOGE).

Making the announcement through his social media platform X, Musk said, “Today, the America Party is formed to give you back your freedom,” citing a poll he conducted where over 65% of respondents supported the creation of a third party.

Musk criticised both the Republican and Democratic parties, calling the current political system a “uniparty” responsible for waste and corruption. “When it comes to bankrupting our country with waste and graft, we live in a one-party system, not a democracy,” he wrote.

Drawing historical parallels, Musk said the America Party would challenge the political establishment by using “extremely concentrated force at a precise location on the battlefield”, referencing Epaminondas' victory at Leuctra.

Tensions between Musk and Trump have escalated in recent weeks, particularly over Trump’s sweeping new legislation, dubbed the “One Big Beautiful Bill”, which was signed into law on July 4. Musk criticised the bill for potentially adding $3.3 trillion to the national debt over the next decade.

Musk, who previously held a key advisory role and led cost-cutting efforts through DOGE, had earlier hinted at the possibility of forming a new party. Reacting to a user on X comparing the idea to Tesla and SpaceX, “low probability of success, but game-changing if it works”, Musk responded positively.

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Washington (PTI): President Donald Trump on Tuesday said NATO and most of US' other allies have rejected his calls to help secure the Strait of Hormuz as the war with Iran entered the third week.

In a social media post, Trump asserted that Iran’s military has been “decimated” and he no longer felt the need for assistance from NATO countries or anyone else.

Last week, Trump had sought help from European nations and others who depend on oil supplies transiting from the Hormuz Strait to safeguard the critical waterway.

“The United States has been informed by most of our NATO “Allies” that they don’t want to get involved with our Military Operation against the Terrorist Regime of Iran, in the Middle East, this, despite the fact that almost every Country strongly agreed with what we are doing, and that Iran cannot, in any way, shape, or form, be allowed to have a Nuclear Weapon,” the US President said in a post on Truth Social.

Iran's attacks on Gulf nations and its grip on the Strait of Hormuz, through which a fifth of the world's oil is transported, have sparked increasing concerns of a global energy crisis and are unnerving the world economy.

“I am not surprised by their action, however, because I always considered NATO, where we spend Hundreds of Billions of Dollars per year protecting these same Countries, to be a one-way street — We will protect them, but they will do nothing for us, in particular, in a time of need,” Trump said.

He said Australia, Japan and South Korea too have turned down his call for help.

“Fortunately, we have decimated Iran’s Military – Their Navy is gone, their Air Force is gone, their Anti-Aircraft and Radar is gone and perhaps, most importantly, their Leaders, at virtually every level, are gone, never to threaten us, our Middle Eastern Allies, or the World, again,” Trump said.

He said that given the scale of recent military successes, the US no longer "need" or desires assistance from NATO countries, adding that it never relied on such support in the first place.

Speaking as President of the United States, the "most powerful" country in the world, "we do not need" help from anyone, Trump said.

The West Asia conflict began on February 28 when the US-Israeli combine conducted airstrikes on Iran.

The Strait of Hormuz, the narrow waterway that connects the Persian Gulf to the open ocean, has effectively been shut following the US and Israel attack on Iran and Tehran's sweeping retaliation.

However, Iranian Foreign Minister Abbas Araghchi had said that from Tehran's "perspective", the strait is "open". "It is only closed to Iran's enemies, to those who carried out unjust aggression against our country and to their allies.”

Earlier in the day, a second Indian-flagged LPG tanker, Nanda Devi, reached the country after safely sailing from the war-hit Strait of Hormuz. On Monday, the first ship, Shivalik, reached Mundra port in Gujarat.

As of now, 22 Indian vessels remain on the west side and two on the east side of the strait.

Indian authorities are in constant touch with all the relevant stakeholders in the region to secure the safe passage of the remaining ships, officials said.