US President Donald Trump
Trump claims Iran is ‘collapsing financially’
Note: AI technology was used to generate this article’s audio.
US President Donald Trump said in a Truth Social post that Iran is “collapsing financially,” claiming the country wants the Strait of Hormuz reopened immediately and is “starving for cash.” He also said Iran is losing “500 million dollars a day” and claimed military and police personnel are complaining they are not being paid.
The post was published by Trump due to the wider conflict over the Strait of Hormuz, a necessary shipping lane that connects the Persian Gulf, the Gulf of Oman, and the Arabian Sea. The closure of the Strait of Hormuz led to regional tensions and global market concerns.
The White House did not provide evidence in the post for the financial figures Trump cited, and the claims could not be independently verified from the post itself. Iranian officials have previously pushed back on Trump’s claims about Tehran’s intentions and economic position.
The message is the latest in a series of sharp Trump statements on Iran, which have combined military threats, ceasefire talk, and pressure over energy routes in the Gulf.
