Events Archive
strikeMay 2, 2026
US says ports blockade has cost Iran $4.8 billion, redirected 48 Ships
Summary
The U.S. blockade of Iranian ports has proven "very profitable," President Donald Trump said Friday at his rally in Florida, but new reports have detailed just how hard Iran's finances have been hit as a result of the three-week operation. “We … land on top of it and we took over the ship.
Actors involved
USIran
Sources
- Peter AitkenBy Peter Aitken
The U.S. blockade of Iranian ports has proven "very profitable," President Donald Trump said Friday at his rally in Florida, but new reports have detailed just how hard Iran's finances have been hit as a result of the three-week operation. “We … land on top of it and we took over…
See this event through different lenses
Compare how different perspectives frame this event.
Compare PerspectivesCommunity Notes
Community Notes
Loading notes...
Related events
strikeMay 2, 2026
Trump calls US naval blockade of Strait of Hormuz ‘a very profitable business’
strikeMay 2, 2026
Trump says US Navy acting ‘like pirates’ to enforce Iran blockade
diplomacyMay 2, 2026
Pentagon claims US blockade has cost Iran $4.8 bn: Report
economicMay 23, 2026