Trump calls Strait of Hormuz 'American land,' says Iran eager for deal

US President Donald Trump has declared that the Strait of Hormuz is American territory, and specified that he believes Iran is eager to reach a deal. The President added that he is not convinced there is anyone capable of making a deal within Iran, suggesting he is unsure who he is negotiating with in Tehran. Trump reiterated his commitment to preventing Iran from acquiring a nuclear weapon, stating "We cannot allow Iran to have a nuclear weapon... We went and stopped them, and they will never have a nuclear weapon."

According to Trump, the standoff with Iran will lead to lower energy prices once tensions subside. He predicted that oil prices would plummet to an even lower level than they have recently. The US Treasury Secretary, Scott Bisent, announced that Washington is prepared to impose the most stringent sanctions in history on Iran. Meanwhile, Iran's Chief of Staff, Ali Abdollahi, warned that his country's forces would respond with an "overwhelming and destructive revolutionary response" to any new threats from enemies.