Trump Says Iran Wants Hormuz Open 'To Make $500 Million', Claims Total US Blockade On Shipping

Last Updated:April 22, 2026, 07:00 IST

Trump claimed Iran privately wants the Strait of Hormuz reopened despite publicly backing restrictions, asserting Tehran is losing about $500 million daily due to the US blockade.

US President Donald Trump has asserted that Iran is seeking the reopening of the Strait of Hormuz despite publicly signalling otherwise, claiming the country stands to lose significant daily revenue if the critical maritime route remains shut.

His remarks came as shipping activity through the strategic waterway remained severely disrupted, and uncertainty persisted over the continuation of peace talks between Washington and Tehran.

Posting on Truth Social, Trump said Iran’s public posture on the Strait of Hormuz was driven by political optics rather than economic interests.

“Iran doesn’t want the Strait of Hormuz closed, they want it open so they can make $500 Million Dollars a day (which is, therefore, what they are losing if it is closed!)," Trump wrote.

“They only say they want it closed because I have it totally BLOCKADED (CLOSED!), so they merely want to ‘save face.’"

Trump further claimed that intermediaries had approached him with messages indicating Tehran was willing to allow maritime movement through the key oil transit route.

“People approached me four days ago, saying, ‘Sir, Iran wants to open up the Strait, immediately,’" he said, adding that reopening the passage without broader concessions would undermine the possibility of a deal.

“But if we do that, there can never be a Deal with Iran, unless we blow up the rest of their Country, their leaders included!"

News world Trump Says Iran Wants Hormuz Open 'To Make $500 Million', Claims Total US Blockade On Shipping

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