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Trump: We don't need a deal with Iran, we've seized hundreds of billions of dollars and the Strait of Hormuz

US President Donald Trump

© APA | US President Donald Trump

# 12 November 2026 17:24 (UTC +04:00)

US President Donald Trump has stated that there is no longer a need for an agreement with Iran, Trump stated in a post on his Truth Social account, APA reports.

"We don't need a deal with Iran. Those days have long since passed. We've got their money – hundreds of billions of dollars – and their Strait (Hormuz)," the US President wrote.

In his post, Trump also stated that he had instructed Vice President JD Vance to focus on what he claimed was widespread corruption and crime in US cities and states governed by the Democratic Party.

Citing Minnesota, California, and Illinois as examples, he claimed that billions of dollars had been embezzled in these states. According to Trump, eliminating corruption could help balance the US budget.

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