FLORIDA – President Donald Trump claimed on Monday that the U.S. military has decimated Iran’s naval power, sinking 46 "top-of-the-line" vessels during a high-intensity three-day operation.

Speaking at a Republican conference, Trump recounted asking military officials why the high-quality ships were destroyed rather than captured. He noted their response—that it was "safer" and "more fun" to sink them—elicited laughter from lawmakers.

Key Developments:

• Military Impact: Trump asserted that 5,000 targets have been hit, reducing Iran’s missile capability to 10%.
• Strait of Hormuz: The President warned that any attempt by Iran to block oil shipments would result in strikes 20 times harder than those already seen.
• Regional Response: Tehran has vowed to block all regional oil exports if U.S. and Israeli attacks continue under the leadership of new Supreme Leader Mojtaba Khamenei.

The conflict, which began on February 28, has already caused global oil prices to surge and stock markets to slump as hostilities spread across the Middle East and into Asian waters.