In a post published on Truth Social on Tuesday, United States (US) President Donald Trump said that Iran has just informed them they are in a “state of collapse.”
“They want us to open the Hormuz Strait as soon as possible, as they try to figure out their leadership situation (Which I believe they will be able to do!),” he added.
Market reaction
These comments failed to trigger a noticeable market reaction. At the time of press, the US Dollar Index was up 0.25% on the day at 98.73.
Source: https://www.fxstreet.com/news/us-president-trump-iran-in-a-state-of-collapse-202604281334