U.S. President Donald Trump said Tuesday that Iran had “informed us” it was in a “state of collapse” and was urgently requesting the reopening of the Strait of Hormuz.
The development comes amid what the U.S. president described as a leadership crisis, expressing confidence that the situation would be resolved.
The Strait of Hormuz, through which roughly one-fifth of global oil and liquefied natural gas flows, has faced major disruptions since early March after the U.S. and Israel launched a joint offensive against Iran on Feb. 28.
The war is currently on a halt, and efforts to end it permanently are underway.
The U.S.-Israeli operations killed more than 3,300 people, according to Iranian officials, before Washington and Tehran announced a two-week ceasefire on April 8 mediated by Pakistan.
While originally scheduled to expire on April 22, Trump announced an indefinite extension of the truce on April 21 at the request of Pakistani Prime Minister Shehbaz Sharif and military chief Asim Munir.