Svmuu News According to U.S. President Trump, Iran does not want to close the Strait of Hormuz. They want the strait open so they can earn $500 million per day; therefore, if it were closed, they would lose that money. The reason Iran says they want to close the strait is because I have completely blocked (closed) this strait, so they are just trying to "save face." Four days ago, someone came to me and said, "Iran wants to open the strait immediately." But if we do that, it would be impossible to ever reach an agreement with Iran unless we destroy other parts of their country, including their leaders. (Jin10)