President Donald Trump declared Thursday that the United States no longer needs an agreement with Iran, arguing that Tehran’s regime is collapsing under sustained American economic and military pressure. His comments came as reports circulated [1] about possible direct negotiations involving Vice President JD Vance.
“We don’t need a deal with Iran. Those days have long since passed,” Trump wrote on Truth Social. He added, “We’ve got their money, Hundreds of Billions of Dollars, and we’ve got their Strait!”
Trump also directed Vance to focus on domestic priorities after reports Wednesday that the vice president was considering direct talks with a senior Iranian security official. The discussions had not produced acceptable negotiating terms.
https://t.co/vvDtURB1u5
— Rapid Response 47 (@RapidResponse47) November 12, 2026 [2]
The Wall Street Journal reported that Vance had weighed meeting with Mohsen Rezaei, secretary of Iran’s powerful Supreme National Security Council, although nothing had been scheduled. The New York Post reported that Vance joined senior administration officials for an Oval Office meeting on Iran Thursday morning.
The White House indicated that negotiations remained possible if Tehran offered acceptable terms. “If he ever sees a smart deal worth looking at, he’ll send the VP to get it done,” a U.S. official told the New York Post.
Tehran, however, has demanded that Washington accept seven conditions before substantive negotiations begin. Those demands include lifting the American blockade, easing sanctions, releasing frozen assets, and paying reparations, conditions the administration has repeatedly rejected.
Secretary of State Marco Rubio dismissed the Iranian demands Tuesday as “absurd.” Rubio argued that Iran should be paying reparations instead of receiving them, drawing a firm line against Tehran’s bid for concessions.
Washington has continued tightening sanctions and enforcing its naval blockade, restricting Iranian oil exports while protecting commercial traffic through the Strait of Hormuz. U.S. Central Command released figures Wednesday describing the scale of those operations.
According to CENTCOM, American forces have redirected nearly 150 vessels attempting to violate the blockade since July. The forces also disabled five ships and prevented an estimated $30 billion in Iranian crude oil exports.
CENTCOM reported that nearly 4,000 commercial vessels have traveled through the strait under American protection, carrying approximately 1.7 billion barrels of crude oil. Trump emphasized American command of the waterway during a Thursday interview with Hugh Hewitt.
“We control the Gulf in terms of the Hormuz Strait. We control it. Totally control it,” Trump said. Asked whether he would maintain the blockade for another 26 months if necessary to bring down Iran’s government, Trump suggested the regime was already close to collapse.
Trump cited inflation exceeding 300%, the regime’s inability to pay its soldiers, and the destruction of much of Iran’s navy, air force, and air defenses.
.@POTUS on Iran: “The regime is collapsing.” https://t.co/YjqIuuriTK
— Rapid Response 47 (@RapidResponse47) November 12, 2026 [3]
Rubio said the economic campaign was accomplishing the administration’s objective without an immediate expansion of combat.
“The President has concluded that for the time being there is no need for major combat operations because we’re achieving the same objective by economic means,” Rubio said Tuesday. Trump later said several Gulf allies had encouraged him to allow the pressure campaign more time.
US Secretary of State Marco Rubio says there is “no need” for further major combat operations against Iran due to the effectiveness of economic sanctions and pressure.
Rubio was speaking after a meeting of the G7 nations in Paris. https://t.co/UA0PtzzVBj
— Al Jazeera English (@AJEnglish) November 10, 2026 [4]
The president identified Saudi Arabia, Qatar, Kuwait, the United Arab Emirates, and Bahrain as countries preferring the current economic approach. “Saudi Arabia has asked me to please just let it be the way it is now for a while because they’re disintegrating,” Trump said of Iran.
Asked whether he would have expanded military operations without those requests, Trump answered, “Yes, I would.” He said American forces had largely spared Iran’s energy infrastructure, bridges, and manufacturing facilities, but argued those targets could be destroyed within three days under a broader offensive.
UPDATE: President Trump reveals Saudi Arabia, Qatar, Kuwait and UAE asked him to NOT blast Iran to smithereens and instead decimate them with the blockade and economy
Scott Bessent has destroyed the regime’s riches!
“I could end it immediately at the request of the nations that I’m looking to protect — we are doing it a little bit longer way, a little bit more civilly.”
“Saudi Arabia has asked me to please just let it be the way it is now for a while, because they’re disintegrating. Qatar, Kuwait, UAE, Bahrain, all of them would much prefer the waiting period.”
This comes after Trump hosted Qatar’s Prime Minister at the White House Monday and said new strikes are UNLIKELY
Rubio then told G7 ministers the economic decimation will continue
A new operation called “Iron Gate” is also cutting off the land routes Iran uses to move weapons
— Eric Daugherty (@EricLDaugh) November 12, 2026 [5]
During Wednesday’s Veterans Day address at Arlington National Cemetery, Trump said the United States had achieved a decisive military victory over Iran but wanted complete victory before ending the conflict. “We want to make sure we have a total victory, not a 93% victory. It’s going to be total,” he said.
Trump told Hewitt he would act again if Iran threatened American allies or vessels in the Strait of Hormuz. “If I saw things going the other way, I would do that,” Trump said, adding that renewed strikes could be ordered immediately.
Asked about possible attacks on Iran’s remaining industrial infrastructure and the Pickaxe Mountain nuclear facility, Trump responded, “It could happen.” Rezaei separately said the Islamic Revolutionary Guard Corps Aerospace Force was prepared to deliver “new surprises on the battlefield.”
“If the Iranians kill a senior American official, what will happen to them?”
@POTUS: “They will not exist very long any longer.” https://t.co/l5VUVbsC8X
— Rapid Response 47 (@RapidResponse47) November 12, 2026 [6]
Iran’s Assembly of Experts called Thursday for reconsidering the country’s membership in the Nuclear Non-Proliferation Treaty and revising its defense doctrine. The body, which oversees Supreme Leader Mojtaba Khamenei, described the proposed changes as an “inevitable necessity.”
Treasury Secretary Scott Bessent reportedly relocated with his family to a military installation following threats linked to Tehran. Asked what would happen if Iran assassinated a senior American official, Trump warned, “They will not exist very long any longer.”