Trump Dismisses Iran Deal, Directs Vance to Focus on Domestic Issues
Trump stated there is no need for a deal with Iran, directing Vance to concentrate on domestic corruption instead.
NEW DELHI, Nov 13: Donald Trump announced that the United States no longer seeks a deal to end the conflict with Iran, directing Vice President J.D. Vance to focus on domestic anti-corruption efforts. His remarks, made on Thursday via Truth Social, suggested that discussions for a resolution to the U.S.-Iran war would not proceed. “We don’t need a deal with Iran. Those days have long since passed,” Trump stated.
Vance had previously been engaged in talks that included potential negotiations with Iranian officials. His efforts reportedly aimed to mediate an end to the ongoing conflict, which intensified following U.S. and Israeli strikes against Iran earlier this year and the closure of the Strait of Hormuz by Tehran.
Trump’s comments come after disappointing midterm election results for Republicans, during which Democrats gained control of Congress. The ongoing war with Iran and rising fuel prices were seen as factors contributing to the GOP’s losses. Vance, who had noted the war’s impact on the election outcomes, was instructed to shift his priorities away from international negotiations.
Following Trump’s announcement, U.S. oil prices experienced a rise, with Brent crude climbing 3.3% to settle at $95.82 per barrel, and West Texas Intermediate prices increasing by 2.6%. Analysts, however, noted that overall oil price pressures could persist despite Trump’s assertions about U.S. control over the situation.
John Kilduff, a partner at Again Capital, warned that renewed uncertainty about negotiations could elevate oil prices further. He stated, “The market may have gotten ahead of itself on pricing in a cessation of hostilities.”
On the military aspect, Trump indicated that while the war was “effectively over,” the U.S. remained prepared for any necessary action. This declaration appeared to put Vance on a different trajectory, sidelining him from the major foreign policy issue of his vice presidency.
Trump hinted at a strategy aimed at relying on economic pressure to force Tehran into negotiations. Industry experts noted that Vance’s withdrawal from talks might limit the U.S. response to Iran’s actions in the Strait of Hormuz, a key shipping route.
“The President may be thinking that given enough time, the economic blockade of Iran will force them to either negotiate with the USA,” said Andy Lipow, president of Lipow Oil Associates.