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Trump says US does not need Iran deal, turns Vance to crime

US President Donald Trump said on Truth Social that the United States no longer needs a deal with Iran. He asked Vice President JD Vance to focus on corruption and crime in Democratic-run areas instead.

khabr.pk World
KEY POINTS
  • Trump posted that the US should no longer seek a deal with Iran
  • He asked Vice President JD Vance to focus on corruption and crime in Democratic-run cities and states
  • Stock futures declined after the post, CNBC reported
ninth monthIran war
late FebruaryWar began

US President Donald Trump said on Truth Social that the United States should no longer seek a deal with Iran, according to CNBC. "We don't need a deal with Iran. Those days have long since passed," Trump wrote.

In the same post he said: "We've got their money, Hundreds of Billions of Dollars, and we've got their Strait!" The reports do not explain what he meant by these claims.

Trump also directed Vice President JD Vance to turn his attention to domestic issues. "I have asked Vice President Vance to focus his complete and total attention on the Massive Corruption and Crime taking place in Democrat run Cities and States throughout the U.S.," he wrote. CNBC reported that he named Minnesota, California and Illinois as poorly run, corrupt Blue States.

The post came just over a week after Republicans suffered major losses in the midterm elections. CNBC reported that Vance and other Republicans blamed the Iran war for those losses, and that corruption emerged as a top issue that favoured Democrats.

The Wall Street Journal reported on Wednesday that Vance was considering face-to-face talks with a top Iranian security official. Trump's post appears to cut across that idea, though the reports do not say whether such talks will go ahead.

The United States and Israel started the war in late February, and it is now in its ninth month with no clear end in sight, CNBC said. Military strikes in the region have largely subsided, leaving a tense stalemate. In the weeks before Election Day, Trump repeatedly suggested the US could resume strikes on Iran.

The conflict has driven up global energy prices, according to CNBC. Stock futures declined after Trump's post.

Background

khabr.pk reported on 10 November that Trump said the Iran war was militarily "effectively over" after meeting the Qatar prime minister, and that he said military action was not needed "at this point". Oil prices fell that day, with Brent near $91 a barrel, and the KSE-100 gained 3,343 points to 177,230.29 by 10:07am. On 9 November we reported he called new strikes "highly unlikely" if talks kept progressing. The KSE-100 closed at 179,083 on 11 November.

Why it matters for Pakistan

The Iran war has pushed up global energy prices, which affect fuel costs in Pakistan, where petrol was Rs335 a litre and high-speed diesel Rs364 on 11 November. Shifts in US policy have moved the KSE-100 in recent days, so investors follow each statement. Many Pakistanis work in the Gulf, which makes the state of the conflict relevant to their families at home.

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IranDonald TrumpUS politics

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