Trump Says US Naval Blockade Causing Iran Economy to Collapse

President Trump stated that the U.S. naval blockade is causing Iran’s economy to collapse and inflation to reach 100%, citing its effectiveness. With the 60-day War Powers Act deadline approaching, the Strait of Hormuz has been shut down, leading to soaring oil prices, and the U.S. claims to have destroyed Iran’s navy and air force. Iranian Supreme Leader Mojtaba Khamenei has asserted Tehran’s control over the Strait of Hormuz, indicating continued tensions.