Trump rules out Iran deal, directs Vance to domestic fraud fight as war enters ninth month

US President Donald Trump declared Thursday that America doesn't need a deal with Iran, claiming "we've got their money, hundreds of billions of dollars, and we've got their Strait." He directed Vice President JD Vance to focus solely on domestic anti-fraud efforts, ending any diplomatic track with Tehran.

The war, launched February 28 with US-Israeli strikes on Iran, has killed 23 US service members and wounded hundreds more, per Pentagon figures. Trump defended the conflict at Monday's Veterans Day ceremony at Arlington National Cemetery, insisting Iran "has been waging war on America since 1979" and US action prevents Iranian nuclear capability.

At the ceremony, Defense Secretary Pete Hegseth was publicly reprimanded by an Army sentinel for laughing with aides at the Tomb of the Unknown Soldier—a sacred site requiring silence. House Republicans blocked an impeachment effort against Hegseth Tuesday over alleged unauthorized war-making.

Separately, Trump's plan for a 250-foot triumphal arch near Arlington faces lawsuits from the Kennedy family, veterans groups, Washington DC, and Virginia, all arguing it would disrupt the cemetery's solemnity.

For Nigerians tracking global oil markets: prolonged US-Iran conflict in the Strait of Hormuz—through which 20% of world oil passes—could sustain elevated crude prices, affecting Nigeria's revenue projections and fuel costs domestically.

Will sustained higher oil prices from this conflict translate to improved federation account allocations, or will subsidy pressures return?

SOURCE: https://www.channelstv.com/2026/11/12/us-does-not-need-a-deal-with-iran-says-trump/