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energyLOWIR2026-04-28 14:04 UTC

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

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 a

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