Trump says Iran will reopen Hormuz as it has ‘no money coming in’

US President Donald Trump said Iran is ready to immediately open the Strait of Hormuz. “You know why? Because they're dying. You know why they're dying? Because they have no money coming in, because they get their money from the Hormuz Strait,” he added. Trump had earlier rejected a deal from Iran to reopen the Strait of Hormuz.