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CNBC World1 hour agoWorld2 min read

Trump says U.S. not forcing Iran to negotiate amid escalating strikes

Quick Look

  • President Trump stated the U.S. is not trying to force Iran to the bargaining table after U.S. forces conducted strikes on Iranian air defense and communications sites in retaliation for alleged attacks on commercial shipping and U.S. personnel.
  • Iran responded with missile strikes on Jordan, which intercepted most projectiles, while oil prices rose in Asian trade following the escalation.

AI-generated summary

Why It Matters

The U.S. and Iran have been engaged in periodic military exchanges, with recent U.S. strikes targeting Iranian rocket launchers on Larak Island allegedly preparing to fire sea mine-carrying rockets into the Strait of Hormuz. The Trump administration had previously announced an 'economic D-Day' on Tehran's backers.

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President Donald Trump said he was "not trying to force Iran to the bargaining table," as U.S. forces completed a fresh round of strikes against the Middle Eastern country on Tuesday stateside.

In a Truth Social post, Trump reiterated that the U.S. has "almost total control" over the Strait of Hormuz, while adding that Tehran's economy was collapsing.

He said that Iran was just "playing out the inevitable" and asked "When are the Iranian people going to rise up and fight?"

In a post on X, the U.S. Central Command said that it struck air defense and communications sites, and radar systems in Iran, in retaliation against the "recent attempted attacks" by the country against commercial shipping in the Strait of Hormuz and against American service members.

Tehran has responded to American strikes, targeting U.S. ally Jordan. The country's armed forces said that it was targeted by a missile attack that originated from Iranian territory.

A spokesperson for Jordan's armed forces said on X that 10 of 13 missiles were intercepted by the country's air defense systems, with the three fell in remote areas. No injuries or deaths were reported.

Bahrain's interior ministry also announced "an alert of potential threat" early Wednesday local time, urging citizens to head to the nearest safe location. The nature of the threat was not immediately clear.

Oil prices continued to rise in Asia trading Wednesday following the strikes, after international benchmark Brent rose 4.5% to $94.52 a barrel on Tuesday, while U.S. West Texas Intermediate futures added about 5% to $90.03 per barrel, hitting levels not seen since July 24.

Trump earlier called the latest U.S. strikes "large and powerful," and threatened further military action if Tehran retaliated against what he called a "very justified attack."

Iranian forces on Monday stateside had hit a U.S. base in Jordan after American forces attacked rocket launchers on Iran's Larak Island the day before. Washington claimed that the launchers were preparing to fire rockets carrying sea mines into the strait.

The Sunday strikes were the first time that the U.S. and Iran traded attacks in about a month, and after the Trump administration said it was launching an "economic D-Day" on Tehran's backers.

What to Watch

AI outlook — possibilities, not facts

  • The U.S. will conduct further military strikes if Iran continues to retaliate

    Likely · Within days

  • Oil prices will remain elevated as long as Strait of Hormuz tensions persist

    Likely · Within weeks

Open Questions

  • What specific evidence supports the U.S. claim that Iranian rocket launchers were preparing to fire sea mines into the Strait of Hormuz?
  • Will Iran continue to target U.S. allies in the region as retaliation?
  • How will the rising oil prices affect global markets and consumers?
  • Is there diplomatic effort underway to de-escalate the situation?

Related Topics

This article was originally published by CNBC World.

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