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Trump Says Iran Doesn't Want Strait of Hormuz Closed, Earns $500M Daily From Shipping

GateNews

Gate News message, April 22 — U.S. President Donald Trump stated that Iran does not actually want the Strait of Hormuz to be closed, but rather wants it to remain open so they can earn $500 million daily in shipping revenue. Trump claimed that Iran’s stated desire to close the strait is merely a face-saving measure in response to his administration’s comprehensive sanctions.

“Four days ago, someone came to me saying Iran wants to reopen the strait immediately,” Trump said. “But if we do that, we can never make a deal with Iran unless we blow up the rest of their country, including their leadership.” Trump asserted that his administration has already implemented a full blockade against Iran.

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In-Depth Analysis

The Iran-U.S. talks did not take place as expected, stocks in the U.S. fell, and Bitcoin traded in a range.

ChainNewsAbmedia04-22 00:04

Oil Price Surges 5% as Hormuz Goes Dark and US Seizes Iranian Vessel

Cryptonews04-21 08:27
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