Gate News message: On April 11, U.S. President Trump issued a statement saying Iran is suffering major military losses. Trump said Iran’s navy and air force have been destroyed, its air defense systems are effectively nonfunctional, its radar systems are paralyzed, its missile and drone factories (including the missiles and drones themselves) have basically been destroyed, and the long-time leader is no longer there. He pointed out that Iran’s only threat method at present is mines, but all 28 of its mine-laying boats have already sunk. Trump said the United States is clearing the Strait of Hormuz and is providing help to multiple countries such as Japan, South Korea, France, and Germany. He said that empty-capacity tanker ships from multiple countries are heading to the United States to load oil.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
U.S. Extends Russian Oil Waiver Through May 16; Brent Crude Falls 9% on Hormuz Passage Signal
The U.S. Treasury renewed a sanctions waiver for Russian oil purchases through May 16, despite prior indications of no renewal. This led to sharp declines in Brent crude prices, provoking criticism from European officials and highlighting geopolitical tensions.
GateNews2h ago
Turkey and Iran Have Not Yet Discussed Gas Contract Renewal, Expiring in July
Turkey and Iran have not yet begun negotiations to renew their natural gas contract expiring in 2026, as stated by Turkish Energy Minister Bayraktar. Currently, Iran exports 9.6 billion cubic meters annually, but Turkey's actual imports were only 7.6 billion cubic meters last year.
GateNews4h ago
Ukraine Reports Strikes on Four Russian Oil Facilities in Samara, Leningrad, and Krasnodar Regions
On April 18, Ukraine's Armed Forces targeted four significant Russian oil facilities, including refineries and a transshipment terminal, aimed at disrupting fuel supplies to Russian forces. The damage assessment is ongoing, with no response from Russia yet.
GateNews7h ago
The Strait of Hormuz closes again: Iran says the U.S. has not fulfilled its obligations, Trump says “there’s good news,” and as the ceasefire period ends without an extension, there are fears of renewed bombings
The Strait of Hormuz was closed again because the U.S. side failed to fulfill its obligations under the agreement, and Iran needs to re-approve the passage of vessels. Trump said the negotiations are going well, but the issue of handling nuclear material remains the main point of disagreement. With the ceasefire deadline approaching, he hinted that it may not be extended, raising fears of a renewed attack. The situation is tense, and it could have far-reaching effects on the energy market.
ChainNewsAbmedia7h ago
U.S. Energy Department to Release Third Batch of Strategic Petroleum Reserve, Loaning Over 26M Barrels to Nine Oil Companies
The U.S. Department of Energy will loan over 26 million barrels of crude oil to nine companies, marking the third release of strategic reserves since the U.S.-Israel-Iran conflict began, aimed at moderating oil prices. Delivery is set for May and June 2026.
GateNews12h ago
Trump Rules Out Tolls on Strait of Hormuz
President Trump announced that U.S. negotiations about a potential conflict with Iran will persist over the weekend. He firmly denied any possibility of Iran imposing tolls on vessels in the Strait of Hormuz.
GateNews14h ago
