Trump: We took hundreds of billions of dollars of theirs, we don't need a deal with Iran

US President Donald Trump said Washington does not need a deal with Iran, declaring that “those days are long gone” and that the US has taken “hundreds of billions of dollars” from Tehran while seizing control of the strait. The remarks signal a hardening posture toward Iran and reduce the near-term likelihood of a negotiated settlement. The reference to the strait points to the Strait of Hormuz, the world’s most important oil chokepoint, making Trump’s language a direct signal to energy markets. Traders will watch for any Iranian response and for signs of whether the tougher stance translates into policy action rather than rhetoric.