TLDR Trump says Iran wants a deal but terms “aren’t good enough yet,” refusing a ceasefire U.S. struck Iran’s Kharg Island oil export hub; Trump says it was “totallyTLDR Trump says Iran wants a deal but terms “aren’t good enough yet,” refusing a ceasefire U.S. struck Iran’s Kharg Island oil export hub; Trump says it was “totally

Trump Rejects Iran Deal as Oil Prices Hit $100 and Strait of Hormuz Stays Closed

2026/03/15 18:51
3 min read
For feedback or concerns regarding this content, please contact us at [email protected]

TLDR

  • Trump says Iran wants a deal but terms “aren’t good enough yet,” refusing a ceasefire
  • U.S. struck Iran’s Kharg Island oil export hub; Trump says it was “totally demolished”
  • Oil prices remain near $100 per barrel as the Strait of Hormuz stays effectively closed
  • Trump is calling on China, France, Japan, South Korea, and the UK to help reopen the strait
  • Qatar has halted LNG operations and Saudi Arabia intercepted drones near Riyadh

President Trump said Saturday he is not ready to end the war with Iran, even as Tehran has signaled it wants a ceasefire. Speaking to NBC News, Trump said “the terms aren’t good enough yet” and declined to spell out what those terms would be. He did confirm that a full end to Iran’s nuclear program would be part of any deal.

The conflict is now in its third week. The U.S. and Israel launched joint strikes on Iran earlier this month. Since then, around 3,750 people have been killed across the region. Thirteen U.S. service members have died, including six crew members whose refueling plane crashed in Iraq on Friday.

The Strait of Hormuz remains effectively closed. Iran has deployed mines and drones against commercial shipping, with at least 16 vessels targeted so far. Major oil producers including Saudi Arabia, Iraq, and Kuwait have cut output as a result. Global oil prices are sitting near $100 per barrel.

Trump said he is working with other countries to reopen the strait by force if needed. In a Truth Social post, he called on China, France, Japan, South Korea, and the UK to send warships to the area. He said several countries have already committed but did not name them.

Gulf Energy Infrastructure Under Pressure

The UAE reported intercepting 1,600 drones and 300 missiles since the start of the conflict. Explosions were heard over Dubai. Iran accused the UAE of allowing U.S. strikes to originate from its territory.

The port of Fujairah, a key bypass route for oil tankers avoiding the strait, resumed operations Sunday after a drone-caused fire temporarily shut it down. Qatar has halted LNG operations. Saudi Arabia intercepted drones near Riyadh on Sunday.

Iran’s new supreme leader, Mojtaba Khamenei, issued his first statement in writing but did not appear on camera. Trump questioned whether he was even alive. Defense Secretary Pete Hegseth said Khamenei was “wounded and likely disfigured.” In his statement, Khamenei vowed to keep blocking the Strait of Hormuz.

Defense Stocks and Energy Markets in Focus

Defense contractors including Lockheed Martin and RTX have seen share price movement since the conflict began. Oil prices remaining near $100 per barrel continue to affect energy markets globally.

Trump said U.S. forces have “knocked out most of their missiles” and “most of their drones” and predicted Iran’s manufacturing capacity for both would be “totally decimated” within two days. The port of Fujairah resumed loading operations on Sunday after the drone-related fire was brought under control.

The post Trump Rejects Iran Deal as Oil Prices Hit $100 and Strait of Hormuz Stays Closed appeared first on CoinCentral.

Market Opportunity
OFFICIAL TRUMP Logo
OFFICIAL TRUMP Price(TRUMP)
$4.086
$4.086$4.086
+3.26%
USD
OFFICIAL TRUMP (TRUMP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

When the Middle East burns, the Filipino nanay feels the heat

When the Middle East burns, the Filipino nanay feels the heat

(Part 1 of 2) On Feb. 28, the world watched as the US-Israel coalition launched coordinated airstrikes on Iranian nuclear and military infrastructure, which also
Share
Bworldonline2026/03/16 00:03
The Hidden Costs of a Smart Home: How to Calculate Your Real Electricity Usage

The Hidden Costs of a Smart Home: How to Calculate Your Real Electricity Usage

You just finished setting up your smart home. The lights respond to your voice. The thermostat adjusts itself. The security cameras check in every few minutes.
Share
Techbullion2026/03/16 02:35
Michael Saylor Pushes Digital Capital Narrative At Bitcoin Treasuries Unconference

Michael Saylor Pushes Digital Capital Narrative At Bitcoin Treasuries Unconference

The post Michael Saylor Pushes Digital Capital Narrative At Bitcoin Treasuries Unconference appeared on BitcoinEthereumNews.com. The suitcoiners are in town.  From a low-key, circular podium in the middle of a lavish New York City event hall, Strategy executive chairman Michael Saylor took the mic and opened the Bitcoin Treasuries Unconference event. He joked awkwardly about the orange ties, dresses, caps and other merch to the (mostly male) audience of who’s-who in the bitcoin treasury company world.  Once he got onto the regular beat, it was much of the same: calm and relaxed, speaking freely and with confidence, his keynote was heavy on the metaphors and larger historical stories. Treasury companies are like Rockefeller’s Standard Oil in its early years, Michael Saylor said: We’ve just discovered crude oil and now we’re making sense of the myriad ways in which we can use it — the automobile revolution and jet fuel is still well ahead of us.  Established, trillion-dollar companies not using AI because of “security concerns” make them slow and stupid — just like companies and individuals rejecting digital assets now make them poor and weak.  “I’d like to think that we understood our business five years ago; we didn’t.”  We went from a defensive investment into bitcoin, Saylor said, to opportunistic, to strategic, and finally transformational; “only then did we realize that we were different.” Michael Saylor: You Come Into My Financial History House?! Jokes aside, Michael Saylor is very welcome to the warm waters of our financial past. He acquitted himself honorably by invoking the British Consol — though mispronouncing it, and misdating it to the 1780s; Pelham’s consolidation of debts happened in the 1750s and perpetual government debt existed well before then — and comparing it to the gold standard and the future of bitcoin. He’s right that Strategy’s STRC product in many ways imitates the consols; irredeemable, perpetual debt, issued at par, with…
Share
BitcoinEthereumNews2025/09/18 02:12