Is Iran 'collapsing financially'? Trump claims USA's Hormuz blockade is costing Tehran $500 mn a day

Published on Apr 23, 2026 01:45 am IST

Donald Trump claims Iran is “collapsing financially” as Washington ramps up economic and military pressure despite extending the ceasefire. With tensions centered around the Strait of Hormuz, the U.S. has deployed advanced surveillance systems like GARC drones to monitor Iran’s Islamic Revolutionary Guard Corps. Tehran, however, rejects the narrative, insisting it will not bow to sanctions or blockade pressure. Is this maximum pressure working—or pushing the region closer to escalation?

RELATED VIDEOS

Indian-born cheetah KGP12 gives birth to four cubs at Kuno National Park | HT India

0:41
Indian-born cheetah KGP12 gives birth to four cubs at Kuno National Park | HT India
Published on Sep 18, 2026 08:50 pm IST

Censor board updates after 35 years but has anything changed? | Tell Me Why

3:47
Censor board updates after 35 years but has anything changed?
Published on Sep 18, 2026 08:38 pm IST

Kolkata Police Goes Green With New E-Motorcycle Fleet | HT India

1:57
Kolkata Police Goes Green With New E-Motorcycle Fleet | HT India
Published on Sep 18, 2026 07:50 pm IST

F-16 Fighter Jet Crashes During Training Exercise In Michigan

0:45
F-16 Fighter Jet Crashes During Training Exercise In Michigan
Published on Sep 18, 2026 07:20 pm IST

NATO fighter jet was hit in Saudi Arabia: Is Middle East war dragging Europe in?

8:1
NATO fighter jet was hit in Saudi Arabia: Is Middle East war dragging Europe in?
Published on Sep 18, 2026 07:05 pm IST

Jharkhand: School van carrying children crashes into divider, many injured. | HT India

0:58
Jharkhand: School van carrying children crashes into divider, many injured. | HT India
Published on Sep 18, 2026 06:50 pm IST
Notifications

Get breaking alerts directly from the newsroom

Notifications are on!You'll be notified when news breaks