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    Home»World News»Trump Says Iran Seeks to Keep Strait of Hormuz Open Amid Revenue Loss Claims
    World News

    Trump Says Iran Seeks to Keep Strait of Hormuz Open Amid Revenue Loss Claims

    EchoAsiaNewsBy EchoAsiaNewsApril 22, 2026No Comments1 Min Read
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    US President Donald Trump has claimed that Iran does not actually want to close the Strait of Hormuz, arguing that Tehran is attempting to maintain oil revenues despite its public threats.

    In a post on X, Trump said Iran is reportedly losing around $500 million per day due to disruptions linked to the closure of the strategic waterway, which he attributed to a US blockade. He suggested Iranian officials were calling for closure only to “save face” domestically.

    Trump further claimed that intermediaries had informed him days earlier that Iran was prepared to reopen the Strait immediately in order to resume energy exports and recover revenue flows.

    He warned that reopening the shipping route without broader concessions would undermine any potential agreement with Tehran, while also referring to the possibility of further escalation in the conflict.

    The Strait of Hormuz, a key global energy chokepoint, has remained a focal point of rising US-Iran tensions as diplomatic efforts continue alongside military and economic pressure.

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    Pakistani Sailors Held Captive: Families Demand Government Action as Piracy Crisis Drags On

    By Ayesha QasimSeptember 12, 202603 Mins Read

    Pakistan is grappling with a growing crisis as the fate of its citizens held hostage…

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