Oil Prices Dip as Trump Claims Iran is in "State of Collapse" ...Middle East

Economy by : (OILPRICE) -
President Donald Trump posted on Truth Social Tuesday that Iran had "informed" his administration it was in a "state of collapse" and urgently wanted the Strait of Hormuz reopened.  "Iran has just informed us that 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!)," Trump wrote. He did not say who in or from Iran conveyed the message or what exactly it entailed, and Iran's own messaging told a different…

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