15 September,2026 08:39 AM IST | Washington | mid-day online correspondent
Donald Trump. Pic/AFP
US President Donald Trump has reiterated his claim that Iran wants to reach a deal with Washington "quickly and badly", saying oil prices will fall sharply once the military conflict with Tehran ends. Trump also credited US actions with preventing Iran from developing a nuclear weapon.
In a series of posts on Truth Social, Trump commented on negotiations with Iran, oil prices, shipping through the Strait of Hormuz, US defence production and inflation.
Trump said Tehran was seeking an agreement with the US, while indicating that Washington had not yet decided whether to enter negotiations.
"The failing Nation of Iran wants to make a deal, quickly and badly. I will determine whether or not the U.S.A. will choose to engage - The concept of which we are open to. Thank you for your attention to this matter!" Trump wrote.
Trump did not provide details of any proposed agreement or specify what conditions Iran may have put forward. He also did not give a timeline for potential negotiations between Washington and Tehran.
His remarks came amid continuing tensions between the two countries and uncertainty over the future of the military conflict involving Iran.
In another post, Trump attributed price increases in the US to former President Joe Biden and said oil prices were still lower than they had been during Biden's presidency.
"I hope everyone realises that price increases throughout America were caused by Sleepy Joe Biden and the Biden Administration, not by "TRUMP." Even Oil was higher under Biden than it is right now, and we prevented Iran from having a Nuclear Weapon! With the temporary exception of Oil, prices are coming down sharply, and Oil will drop like a rock as soon as the Military Conflict with Iran is over, and that will not be long. Thank you for your attention to this matter!" he added.
Trump did not provide figures to support his comparison of oil prices or specify how quickly he expects prices to decline once the conflict ends.
Trump also addressed shipping through the Strait of Hormuz, a major route for global energy supplies. He said crude oil was continuing to move through the strategic waterway while criticising other countries for what he described as a lack of support for the US during the crisis.
"Oil is flowing through the Hormuz Strait. The Countries of the World, which have been no help to us whatsoever, should, and will, reimburse the United States of America when this SCAM Confligration is all over. We are doing it much more for others, than we are for ourselves, and we have been for Generations!" Trump stated.
Trump did not provide details on how or under what mechanism he expects other countries to reimburse the US for its role in protecting shipping routes.
The US President also said American defence manufacturers were producing weapons at an unprecedented pace, with factories operating around the clock to supply US forces in the Middle East and elsewhere.
"I've just received a Report that the United States is producing more Exquisite and Elite Weapons than at any time in our History. They are being delivered on a daily basis to our Forces in the Middle East, and beyond. Our Defense Company Factories are moving 24/7, while at the same time building, on average, 4 to 5 largescale brand new Plants, each! A primary focus of this production has been Patriots, THAAD Systems, Tomahawks, and other Standard Missile Systems, of which we already have large numbers in stock," he concluded.
Trump did not provide independent figures or further details on the reported increase in production or the new plants.
Earlier in the day, Iranian Foreign Ministry spokesperson Esmail Baghaei said an American submarine seized by Iran was "captured as spoils of war", arguing that such seizures were legitimate, Iran's IRNA News Agency reported.
Speaking about the American submarine, Baghaei said, "It was not confiscated; it was captured as spoils of war, and such spoils are legitimate."
The Iranian Revolutionary Guards had earlier in September claimed responsibility for seizing an uncrewed American submarine near the entrance to the Strait of Hormuz. Iranian state media identified the equipment as a Dive-LD, a large autonomous underwater vehicle manufactured by California-based defence contractor Anduril.
The 19-foot submersible is designed for a range of operations, including mine countermeasures, seabed mapping, intelligence gathering and inspection of submerged infrastructure such as cables and pipelines, according to manufacturer specifications.
Announcing the seizure through state media, the Revolutionary Guards Navy said, "We trapped one of the most modern, intelligent and unmanned submarines of the terrorist American army at the entrance to the Strait of Hormuz. This submersible is equipped with the latest technologies."
The Pentagon disputed the Iranian account, with a spokesperson saying that an underwater drone had suffered a technical failure more than a day before the reported seizure.
(With inputs from ANI)
