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Donald Trump: US Will Not Lift Hormuz Blockade Until Deal Made with Iran

Trump says the blockade is costing Iran $500 million a day and will stay in place until a deal is completed.

  • On Monday, President Donald Trump declared the U.S. naval blockade of Iranian ports will continue until a deal is reached, claiming it is "absolutely destroying Iran" and costs the country $500 million daily.
  • Trump imposed the naval blockade earlier this week after Iran restricted traffic through the Strait of Hormuz due to fighting in Lebanon, which Iran claimed violated the Pakistan-brokered ceasefire.
  • On Sunday, U.S. forces intercepted and seized the Iranian-flagged cargo vessel Touska near the Strait of Hormuz, prompting Tehran to label the boarding an "act of piracy" and a violation of the ceasefire.
  • With the temporary U.S.-Iran ceasefire set to expire Wednesday, uncertainty surrounds second-round peace talks in Islamabad; an Iranian foreign ministry spokesperson stated Monday that Tehran has "no plans" to attend.
  • Brent crude prices climbed to $95 a barrel Monday, reflecting concerns over the blockade of a strategic waterway transporting about 20% of the world's oil, intensifying a global energy crisis.
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Lean Left

The ceasefire is expiring soon and is unlikely to be extended.

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Le Figaro broke the news in Paris, France on Monday, April 20, 2026.
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