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    Home»Business»Trump calls US seizure of Iranian ships ‘profitable’ amid Hormuz tensions
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    Trump calls US seizure of Iranian ships ‘profitable’ amid Hormuz tensions

    Editorial TeamBy Editorial TeamMay 2, 2026
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    WASHINGTON — U.S. President Donald Trump described the U.S. Navy’s seizure of Iranian-linked vessels in the Strait of Hormuz as “a very profitable business,” saying Washington had taken control of cargo and oil as part of its maritime blockade.

    “We took over the cargo. Took over the oil, a very profitable business,” Trump said during an event in Florida. “We’re sort of like pirates, but we’re not playing games.”

    Defending the move, Trump accused Iran of using the Strait of Hormuz as a strategic pressure tool, saying the United States responded by imposing its own restrictions.

    On diplomacy, Trump cast doubt on the prospects of a nuclear agreement with Tehran, saying “maybe we’re better off not making a deal,” while acknowledging the current situation cannot continue indefinitely.

    The remarks come amid ongoing tensions following U.S. and Israeli strikes on Iran on Feb. 28, which triggered actions by Tehran and disruptions to shipping through the Strait of Hormuz.

    A ceasefire was brokered on April 8 through mediation by Pakistan, followed by talks in Islamabad on April 11–12 that ended without agreement. Trump later extended the truce without setting a new deadline.

    Since April 13, the United States has enforced a naval blockade targeting Iranian maritime traffic in the waterway.

    Meanwhile, Iran’s Islamic Revolutionary Guard Corps (IRGC) said it has introduced new operational measures along its Gulf coastline and the Strait of Hormuz under directives from Supreme Leader Mojtaba Khamenei.

    According to Press TV, the IRGC Navy said it would exercise control over nearly 2,000 kilometers of Iran’s coastline, describing the move as aimed at strengthening national security and economic resilience.

    Reports also indicate that Washington is seeking to form an international coalition to restore maritime traffic in the Strait of Hormuz.

    Source: Saudi Gazette

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