Trump wrote on Truth Social on November 12 that the United States does not need to reach a deal with Iran. The original post read: "We don't need a deal with Iran. Those days have long since passed. We've got their money, Hundreds of Billions of Dollars, and we've got their Strait!" (Translation: We don't need to reach a deal with Iran; those days are long gone. We have their money—hundreds of billions of dollars—and their strait!)
In the same post, Trump also called on Vice President Vance to focus fully on corruption and crime in Democratic-run states and cities.
In the markets, Brent crude rose about 1% after the remarks, erasing its earlier losses for the day. Background: Iran is considering withdrawing from the Treaty on the Non-Proliferation of Nuclear Weapons, while shipping risks in the Strait of Hormuz are drawing attention. On November 11, Trump had suspended operations targeting Iran in the Strait of Hormuz to advance negotiations. Sources: Truth Social (November 12, 8:07 a.m.; 9:07 p.m. Beijing time), for-ex.news.
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In the same post, Trump also called on Vice President Vance to focus fully on corruption and crime in Democratic-run states and cities.
In the markets, Brent crude rose about 1% after the remarks, erasing its earlier losses for the day. Background: Iran is considering withdrawing from the Treaty on the Non-Proliferation of Nuclear Weapons, while shipping risks in the Strait of Hormuz are drawing attention. On November 11, Trump had suspended operations targeting Iran in the Strait of Hormuz to advance negotiations. Sources: Truth Social (November 12, 8:07 a.m.; 9:07 p.m. Beijing time), for-ex.news.
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