Trending
Prev Story
Next Story

Oil prices jump after Trump says no Iran deal needed: 'We've got their Strait'

CNBC World •
November 12, 2026 • 01:24 PM
• By Deena Zaidi,Fred Imbert
2
2 reads 0 reactions

Oil prices popped Thursday, after the latest comments from President Donald Trump raised worries that an end to the U.S.-Iran war was not in sight.

Oil prices jump after Trump says no Iran deal needed: 'We've got their Strait'

Oil prices popped Thursday, after the latest comments from President Donald Trump raised worries that an end to the U.S.-Iran war was not in sight.

Brent crude traded 1.6% higher at $94.25 per barrel. West Texas Intermediate futures gained 1.3% to trade at $87.62 per barrel.

"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!" Trump said in a Truth Social post .

Prev Swipe Story Next

Same Story from Other Publications

Compare how 6 other independent news outlets reported on this story.

6 Publications
Al Jazeera English
6h ago
Why is Trump saying ‘no deal necessary’ with Iran as he sidelines JD Vance?

Why is Trump saying ‘no deal necessary’ with Iran as he sidelines JD Vance?

The US-Iran war is trapped in an ongoing 'no war, no peace' situation, analysts say.

#trump #iran
Compare →
The Age
17h ago
‘We don’t need a deal’: Trump yanks JD Vance off Iran war talks

‘We don’t need a deal’: Trump yanks JD Vance off Iran war talks

After reports Vance was considering new direct negotiations with a senior Iranian official, the president has decided that time would be better spent fighting another battle – against the Democrats.

#trump #iran
Compare →
CNN International
20h ago
Trump tells Vance to turn his focus away from Iran: ‘We don’t need a deal’ | CNN Politics

Trump tells Vance to turn his focus away from Iran: ‘We don’t need a deal’ | CNN Politics

President Donald Trump today shifted gears once again in his approach to the war with Iran, writing on social media that the US doesn’t “need a deal” with Tehran and ordering his vice president to turn his focus elsewhere.

#trump #iran
Compare →
The Guardian
21h ago
Trump says no deal needed on Iran war and orders Vance to focus on domestic issues

Trump says no deal needed on Iran war and orders Vance to focus on domestic issues

President says vice-president will focus on supposed ‘Massive Corruption and Crime taking place in Democrat run Cities and States’

#trump #iran
Compare →
ABC News Australia
21h ago
Trump says US does not 'need' Iran deal

Trump says US does not 'need' Iran deal

Donald Trump's comments come after reports his vice-president was considering face-to-face peace talks with a hard-line Iranian security official.

#trump #iran
Compare →
Hamro Patro News
23h ago
Trump States No Deal Needed With Iran, Directs VP Vance to Monitor Alleged Corruption in Democratic States

Trump States No Deal Needed With Iran, Directs VP Vance to Monitor Alleged Corruption in Democratic States

Kathmandu. US President Donald Trump has clarified that America does not need any deal with Iran. Expressing himself through his social media platform ‘Truth Social’, President Trump said, ‘We do ...

#trump #iran
Compare →

Related Stories

Technology
Build #2611