Iranians walk past a large billboard depicting Iranian leader Ayatollah Mojtaba Khamenei on a street in Tehran on April 20, 2026. Atta Kenare/AFP via Getty Images
President Donald Trump said a U.S. naval blockade against Iran is working and imposing significant economic pressure on the country, as May 1 marks a 60-day congressional deadline for the war.
“Right now, their economy is collapsing, inflation is at close to 100 percent,” Trump told Newsmax in an interview that aired on Thursday. “They can’t do any oil because we have a blockade that’s 100-percent effective.”
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