US president claims Tehran faces severe military and financial strain as Washington escalates sanctions amid continuing regional hostilities
WASHINGTON: US President Donald Trump claimed on Monday that Iran was “completely collapsing” as Washington intensified economic pressure on Tehran amid continuing hostilities between the two countries.
“Iran is completely collapsing!!” Trump wrote on Truth Social without providing further details. His remarks echoed earlier claims about Iran’s economic position and military capabilities following months of conflict.
Meanwhile, US Treasury Secretary Scott Bessent said Washington was entering what he called an “economic D-Day” against Iran. He argued that the Trump administration had already severely damaged Tehran’s military and nuclear capabilities.
Bessent claimed that the United States had destroyed nearly all of Iran’s military factories and effectively buried its nuclear programme.
Trump Says Tehran Not Ready for Deal
Furthermore, Trump said on Friday that Iranian leaders wanted an agreement with Washington but were not prepared to accept what he considered the “right deal.”
He claimed Iran lacked money and functioning naval and air capabilities while struggling to pay security personnel. Trump also alleged that inflation had reached 350%, although he provided no supporting figures.
At the same time, the US administration has increased economic measures designed to isolate Tehran and restrict its remaining sources of revenue.
Hormuz Dispute Keeps Tensions High
Trump also claimed that Washington maintains “complete control” around the Strait of Hormuz, including the strategically important waterway and nearby areas of southern Iran.
Washington and Tehran signed a memorandum of understanding in June aimed at ending hostilities and restoring shipping through the strait. However, the arrangement later unravelled amid disagreements over implementation and navigation.
The conflict began in late February following US-Israeli attacks on Iran. Tehran subsequently retaliated against targets in Israel and US military bases across the region.
Despite earlier diplomatic efforts, continuing military tensions and Washington’s expanding economic campaign have left prospects for another negotiated settlement uncertain.
