Trump says Iran ‘collapsing financially’ over Hormuz closure
Wednesday, April 22, 2026
U.S. President Donald Trump claimed Iran’s economy is “collapsing financially” as a result of the closure of the strategically crucial Strait of Hormuz, a key oil‑shipping route. The statement underscores Washington’s view that the blockage is severely harming Iran’s fiscal health and could disrupt global oil markets.
US President Donald Trump said Tuesday that Iran was "collapsing financially" over the closure of the vital Strait of Hormuz. The post Trump says Iran ‘collapsing financially’ over Hormuz closure appeared first on Vanguard News.