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Trump repeats claim Iran is financially collapsing

President Trump claims Iran is financially collapsing, losing $500 million a day and unable to pay its military and police.

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Wednesday, 22 April 2026 at 12:49 UTC
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President Donald Trump has again claimed on Truth Social that the Iranian regime is in a state of economic collapse and desperate for cash. He stated Iran is losing $500 million a day due to the U.S. blockade of the Strait of Hormuz and that its military and police are complaining about not being paid. This repeats assertions he has made previously, framing Iran's economic distress as a point of leverage in the ongoing conflict and ceasefire negotiations. The claims come amid heightened tensions in the strategic waterway and a short-term ceasefire window offered by the U.S. administration.
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