President Donald Trump confirmed on Saturday that “many countries” are planning to send warships to the Strait of Hormuz, through which much of the world’s transported oil supplies travel.

It’s because of Iran’s attempts to shut it down, in order to cause financial chaos around the globe.

Already, gasoline prices in the United States have surged because of Iran’s attacks in response to “Operation Epic Fury,” launched by the U.S. and Israel to make sure the rogue Islamic regime in Tehran does not obtain nuclear weapons in its agenda against Israel and the U.S.

Trump said nations, “especially those who are affected by Iran’s attempted closure of the Hormuz Strait, will be sending War Ships, in conjunction with the United States of America, to keep the Strait open and safe.”

Trump said “100%” of Iran’s military capabilities already were destroyed, “but it’s easy for them to send a drone or two, drop a mine, or deliver a close range missile somewhere along, or in, this Waterway, no matter how badly defeated they are.”

On Truth Social, he said, “Hopefully China, France, Japan, South Korea, the UK, and others, that are affected by this artificial constraint, will send Ships to the area so that the Hormuz Strait will no longer be a threat by a Nation that has been totally decapitated. In the meantime, the United States will be bombing the hell out of the shoreline, and continually shooting Iranian Boats and Ships out of the water. One way or the other, we will soon get the Hormuz Strait OPEN, SAFE, and FREE!”

Trump also revealed the U.S. Navy could be escorting oil tankers through the Strait.

The U.S. also released video of its barrage of explosions at Kharg Island, Iran, which held Iran’s naval operations and more:

Last night, U.S. forces executed a large-scale precision strike on Kharg Island, Iran. The strike destroyed naval mine storage facilities, missile storage bunkers, and multiple other military sites. U.S. forces successfully struck more than 90 Iranian military targets on Kharg… pic.twitter.com/2X1glD4Flt

— U.S. Central Command (@CENTCOM) March 14, 2026

Meanwhile, Iran’s military did launch a missile that hit a helipad at the U.S. Embassy in Baghdad, reports said.

Further the Washington Examiner is reporting that Iran’s economy, “strained by decades of sanctions and economic mismanagement,” now is facing “complete collapse.”

Among the headwinds were “sky-high inflation, food shortages, an energy crisis, and the spread of poverty,” the report said.

It said Research Fellow and Middle East expert Zineb Riboua, at the Center for Peace and Security in the Middle East, Hudson Institute, suggested Tehran will not be able to escape the destruction triggered by the war.

“The Iranian financial system is not functioning as a coherent system anymore. There is a huge loss of trust in the Rial as a currency. Ordinary Iranians are treating the dollar as the only reliable store of value, which is why they are leaving or doing other things. That kind of dollarization pressure does not reverse easily. It reflects a structural judgment by the population that their own currency cannot be trusted,” she said.