President Donald Trump said Monday that Iran is seeking a rapid agreement to end the conflict while arguing that other nations should eventually reimburse the United States for military operations keeping commercial traffic moving through the Strait of Hormuz.
By yourNEWS Media Newsroom.
President Donald Trump said Monday that Iran wants to reach an agreement with the United States “quickly and badly,” while separately calling for countries benefiting from U.S. efforts in the Strait of Hormuz to reimburse Washington once the war ends.
Trump made the statements as fighting involving Iran and its regional allies continued to disrupt global energy markets, sending crude prices higher and contributing to concerns about inflation and borrowing costs.
“The failing Nation of Iran wants to make a deal, quickly and badly. I will determine whether or not the U.S.A. will choose to engage – The concept of which we are open to,” Trump wrote Monday on Truth Social.
The president did not announce the resumption of formal negotiations or indicate what conditions would have to be met before Washington returned to talks. Earlier negotiations collapsed after producing a short-lived memorandum of understanding that had been intended as a preliminary step toward a broader settlement.
Trump has sought an Iranian commitment that Tehran will never obtain a nuclear weapon. Iran has not agreed to that demand.
His comments came as the United States continued military operations around the Strait of Hormuz, one of the world’s most important energy-shipping routes. U.S. forces have been working to keep commercial vessels moving through the waterway and prevent Iranian interference with maritime traffic. Recent reporting indicates traffic through the strait remains severely constrained despite U.S. efforts.
Trump said countries benefiting from those operations should ultimately help cover the American costs.
“Oil is flowing through the Hormuz Strait. The Countries of the World, which have been no help to us whatsoever, should, and will, reimburse the United States of America when this SCAM Confligration [sic] is all over,” Trump wrote in another Truth Social post. “We are doing it much more for others, than we are for ourselves, and we have been for Generations!”
The president also used the energy-market turmoil to criticize former President Joe Biden while predicting that oil prices would fall sharply once the military conflict ends.
“Even Oil was higher under Biden than it is right now, and we prevented Iran from having a Nuclear Weapon!” Trump wrote. “With the temporary exception of Oil, prices are coming down sharply, and Oil will drop like a rock as soon as the Military Conflict with Iran is over, and that will not be long.”
Trump also said “price increases throughout America were caused by Sleepy Joe Biden and the Biden Administration.”
Energy markets remained under significant pressure Monday. Brent crude rose above $108 per barrel after new attacks on Saudi energy infrastructure and commercial vessels heightened concerns about supplies. A recent attack on Saudi Arabia’s East-West Pipeline also threatened a major alternative route for crude shipments that bypass the Strait of Hormuz.
The turmoil has been compounded by the renewed Houthi offensive in Yemen. The Iran-backed group has expanded its position along the Red Sea coastline and attacked Saudi energy infrastructure, including the pipeline connecting the Persian Gulf region with Red Sea export facilities.
The resulting energy shock has extended into U.S. financial markets. The 10-year Treasury yield climbed to 5% Monday as investors weighed higher oil prices and renewed inflation concerns ahead of the Federal Reserve’s policy meeting.
Trump’s assertion that Iran is now seeking an agreement follows months of intermittent negotiations and military escalation. The conflict began in late February, and diplomatic efforts have repeatedly stalled as Washington and Tehran remained divided over Iran’s nuclear program and other terms of a settlement.
Trump has repeatedly said during the conflict that Iran ultimately would agree to U.S. demands. His latest statement left the decision on renewed talks open, saying only that the United States would determine whether it chooses to engage.
At the same time, Trump has sought to reduce another source of pressure on international fuel supplies by urging Ukraine to stop attacking Russian oil refineries and other energy infrastructure.
Trump announced Monday that Russia and Ukraine had agreed to stop targeting each other’s energy facilities. Ukrainian President Volodymyr Zelenskyy subsequently offered a more qualified account, saying Kyiv was prepared to halt such strikes if reliable guarantees ensured that Russia would also stop attacking Ukrainian energy infrastructure and other critical facilities. His comments indicated that Ukraine viewed the arrangement as a proposal requiring concrete reciprocal guarantees, rather than a finalized unconditional agreement.
The separate Russia-Ukraine energy dispute has added another layer to an already strained global fuel market, as Ukrainian drone attacks have reduced Russian refining capacity while the Iran conflict has restricted Gulf exports.
Trump’s Monday statements therefore addressed both the diplomatic and economic consequences of the Iran war: He maintained that Tehran now wants negotiations, predicted that oil prices will fall once the fighting ends and argued that foreign governments benefiting from U.S. efforts to protect shipping through Hormuz should ultimately share the cost.
For now, however, no renewed U.S.-Iran agreement has been announced, military operations continue and oil markets remain under pressure from disruptions extending from the Persian Gulf to the Red Sea.
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