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Trump Says US Will Keep Striking Iran Until Deal Reached (Opening Cabinet Meeting Remarks)
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March 26, 2026
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20:06Now PlayingTrump speaks at a cabinet meeting. Until Iran makes a deal to end the conflict, the US will “keep blowing them away,” President Trump says. Iran responded to a US ceasefire proposal this week through intermediaries overnight, the semi-official Tasnim news agency reported, and is now awaiting a reply. Tehran has a string of conditions for ending the conflict, Tasnim said, one of which is a guarantee that the US and Israel won’t resume their attacks.
Oil prices surged on the developments, with optimism fading of a quick resolution. Brent crude climbed more than 4% to more than $106 a barrel, while stocks and bonds fell worldwide. US President Donald Trump threatened Iran with intensified military action and said he’s unsure whether a diplomatic agreement can be reached, with the two sides at loggerheads on how to end the near month-long war.
Iran had “better get serious soon, before it is too late, because once that happens, there is NO TURNING BACK, and it won’t be pretty!” Trump posted on social media Thursday, after Tehran rejected an initial US ceasefire proposal via intermediaries overnight.
Iran has “great negotiators, and they are begging to work out a deal,” the president said later during a Cabinet meeting at the White House. “I don’t know if we’ll be able to do that.”
The Islamic Republic is waiting for a response to its rejection of a US 15-point plan to end the war, the semi-official Tasnim news agency reported. Tehran has a string of its own conditions, Tasnim said, one of which is a guarantee that the US and Israel won’t resume their attacks. Oil prices surged on the developments, with optimism fading of a quick resolution to the impasse. Brent crude climbed 6% to more than $108 a barrel, while stocks and bonds fell worldwide.
The US has compiled a list of a dozen demands — alongside three points Iran would get in return — that have been delivered to Tehran by mediators in Pakistan, according to people familiar with the matter. US envoy Steve Witkoff confirmed the 15-point proposal on Thursday, without giving details, and said it had led to “strong and positive messaging and talks.”
Iran’s conditions to agree to a ceasefire include the payment of reparations for war damages and recognition of Iran’s authority over the Strait of Hormuz, Tasnim said, citing an informed source. Trump is under pressure to persuade Tehran to reopen the critical waterway for oil and gas flows, a step needed to arrest a global supply shock. On Thursday, he said Iran allowed 10 boats of oil to sail through the strait as a gesture of goodwill.
Iran is also calling for an end to the war on all fronts, Tasnim reported, a likely reference to Israel’s parallel war against the Tehran-backed Hezbollah militant group in Lebanon.
Read More: US Troop Movements Fan Fears of a Risky Ground Attack on Iran
Trump’s threat of escalation came after the White House ordered more troops to the region, with some set to arrive before week’s end. On Thursday, he repeated an earlier timeline of four- to six-weeks for military operations and said the US war effort is “ahead of schedule.” Both sides kept up their air attacks on Thursday. The Israel Defense Forces completed a wave of strikes in the central Iranian city of Isfahan, while Iran’s state TV said the country had begun another wave of missile strikes against Israel. Two people were killed after debris from an intercepted missile fell in Abu Dhabi.
Iran is looking to formalize a transit fee for the Strait of Hormuz, with lawmakers working on a draft bill to impose a toll in exchange for providing security to ships, according to the Fars news agency. The strait is a conduit for about a fifth of the world’s oil and liquefied natural gas.
The Islamic Republic is still able to export its own crude from the strait, likely earning hundreds of millions of dollars of extra income.
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