Trump says Iran is ‘collapsing’ as US readies economic pressure

US President Donald Trump said on Monday that Iran was “collapsing” as Washington prepared to unveil the details of a new economic pressure campaign, a move Tehran has dismissed as an admission of defeat.

Almost six months into their conflict, the two sides are locked in a stalemate. Peace talks have stalled, Iran is keeping the strategic Strait of Hormuz closed, and Washington is maintaining a naval counter-blockade. With the war’s economic costs generating pressure at home, Trump has shifted away from military action toward economic levers.

He made his view plain in his usual style, posting “IRAN IS COMPLETELY COLLAPSING!!!” in all-caps on Monday. Iranian officials have pushed back, casting the pivot to economic measures as a sign that the military approach has not worked.

The reality on the ground is more of a grind than a collapse. A closed Strait of Hormuz has global consequences, since a large share of the world’s seaborne oil passes through it, and a naval standoff carries the constant risk of miscalculation. Neither an economic campaign nor a blockade tends to resolve a conflict quickly; both are slow instruments meant to wear the other side down.

What Monday marked, then, was less a turning point than a change of tools. With talks frozen and the front lines static, both governments are reaching for pressure that plays out over months, while each insists the other is the one giving way.