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Hormuz Blockade Costing Iran $500 MN A Day? Trump Claims Revenue Loss In Trade | Middle East War
Posted
April 22, 2026
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3:04Now PlayingUS President Donald Trump has said that Iran does not want the Strait of Hormuz closed because it would cost the country around $500 million a day in revenue. In a post on Truth Social, Trump claimed that Tehran is pushing for the key oil shipping route to remain open so it can continue earning from it, while also suggesting that any threat to close the strait is an attempt by Iran to “save face.” He further claimed that the strait is effectively “blocked” due to US actions, and said Iranian officials had recently approached him seeking its reopening.
Reuters reported that commercial movement through the Strait of Hormuz remains far below normal levels, with ship-tracking data showing only three vessels transiting the waterway within a 24-hour period. Before the conflict began on February 28, roughly 140 ships were passing through the strait daily, highlighting the scale of disruption to one of the world’s most critical energy corridors.
#breakingnews #topnews #us #usa #iraq #israel #iran #hormuzblockade #donaldtrump #middleeasttensions #geopolitics #global #internationalnews #mirrornow #mirrornoworiginals
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