Trump extends Iran ceasefire deadline to allow for unified proposal
President Donald Trump announces an extension of the Iran ceasefire deadline on Truth Social, aiming to allow Iran’s “seriously fractured” government to form a unified proposal. Former State Department Deputy Special Envoy Ellie Cohanim details the severe economic pressures on the Iranian regime, including a half-billion-dollar daily loss in oil revenue due to a US blockade.
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President Donald Trump said Iran is “starving for cash” after extending the ceasefire deadline, arguing that the regime is losing hundreds of millions of dollar a day due to the U.S.-enforced blockade.
Trump claims that that the foreign nation is “collapsing financially.”
“Iran doesn’t want the Strait of Hormuz closed, they want it open so they can make $500 Million Dollars a day (which is, therefore, what they are losing if it is closed!). They only say they want it closed because I have it totally BLOCKADED (CLOSED!), so they merely want to ‘save face.’ People approached me four days ago, saying, ‘Sir, Iran wants to open up the Strait, immediately.’ But if we do that, there can never be a Deal with Iran, unless we blow up the rest of their Country, their leaders included!” he declared in a Tuesday night Truth Social post.
IRAN THREATENS ‘NEW CARDS’ ON BATTLEFIELD AS CEASEFIRE WANES
U.S. President Donald Trump arrives to address the nation from the Cross Hall of the White House on April 1, 2026, in Washington, D.C. (Alex Brandon-Pool/Getty Images)
“Iran is collapsing financially! They want the Strait of Hormuz opened immediately- Starving for cash! Losing 500 Million Dollars a day. Military and Police complaining that they are not getting paid. SOS!!!” the president claimed in another Tuesday night post.
Trump had indicated in a Tuesday afternoon Truth Social post that he would extend the ceasefire.
Motorists ride past the Imam Sadiq (AS) mosque with a giant Iranian flag…
