During a Cabinet meeting, President Trump expressed his disapproval of any arrangement that would allow Iran to transfer its highly enriched uranium to Russia or China as part of a peace deal.
He emphasized that the U.S. would not ease sanctions or provide financial support to Iran, stating, "No sanctions, no money, no nothing." This stance comes amid ongoing efforts for a short-term agreement to end the conflict in the Middle East, which has already led to significant increases in oil prices due to concerns over energy supply disruptions.
Trump's comments, particularly regarding the control of the Strait of Hormuz, indicate a firm U.S. position on maintaining open shipping routes, which is crucial for global oil transportation. The market reacted to these developments, with oil prices falling after Secretary of State Marco Rubio indicated a preference for diplomatic solutions.
Overall, Trump's statements reflect a hardline approach that could influence both geopolitical dynamics and energy markets in the near term