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Iran Seizes Two Ships After Trump Announced Extension in Truce

U.S. President Donald Trump said Iran wanted the Strait of Hormuz open “so they can make $500 Million Dollars a day”, which he said the Gulf nation would risk losing if it remains closed. “Iran is collapsing financially! They want the Strait of Hormuz opened immediately,” he wrote on Truth Social, adding that the Islamic republic was “starving for cash.”