Trump: Iran Seeking a Deal Amid Losses

U.S. President Donald Trump announced that Iran is currently seeking to make a deal with him, noting that Iran is losing on all fronts, and that he will not consider any agreement unless it meets his terms. Amid escalating tensions, Iran continues to impose tolls on ships in the Strait of Hormuz and targets oil tankers, while the United States and Israel persist in tightening their blockade on Iranian ports as part of the Middle East conflict. The U.S. Department of Defense estimates that the cost of war with Iran has reached approximately $33.4 billion by June 2026, doubling to around $38 billion by August, amidst ongoing military and economic escalation.

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