President Donald Trump said Wednesday that the United States` blockade against Iranian ships in the Strait of Hormuz was "more impactful" than the US military response against the country, writes CNN.

"Look at the blockade, by the way, the blockade was more impactful than all of the bombing raids, where we dropped a billion dollars worth of bombs on Iran," Trump said during a press conference at the G7 Summit.

Trump also said the blockade gave the United States greater economic leverage against Iran, while also having an impact on Iran’s inflation.

"The blockade was so incredible, the naval blockade, the admiral, the whole thing, not one ship got through, that meant no money got through. They were done; they had no money. They have inflation that`s 250 or 300%. They have no money. We have tremendous leverage. We have the leverage of the economy, as an example", Trump added.