Live Update 
From the Liveblog of
Wednesday, April 22, 2026
From the Liveblog of
Wednesday, April 22, 2026
Trump claims Iran ‘collapsing financially’ over Hormuz closure
US President Donald Trump departs an event for NCAA national champions in the State Dining Room of the White House, April 21, 2026, in Washington. (AP/Alex Brandon)
US President Donald Trump asserts that Iran is “collapsing financially” over the closure of the vital Strait of Hormuz.
“Iran is collapsing financially! They want the Strait of Hormuz opened immediately,” he writes on Truth Social, adding that the Islamic Republic is “starving for cash.”
Trump posted earlier that Tehran said it supported the closure of the strait to “save face” under the US blockade of Iranian ports.
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