U.S. President Donald Trump declared on Thursday that he holds no regrets regarding the initiation of the war with Iran, stating that he would repeat his actions identically if given the chance. The comments were made during an interview with Fox News host Laura Ingraham, occurring as American markets prepare for the possibility of a prolonged conflict.
Ingraham noted that the administration might have faced a smoother path to midterm election victories had the military action not commenced. Trump countered this perspective by emphasizing the existential threat posed by a nuclear-armed Iran. He suggested that such a scenario would likely result in the Islamic Republic targeting Israel and major U.S. cities, asserting that the preemptive strike was necessary to prevent this outcome.
These remarks follow reports from the Wall Street Journal indicating that senior White House advisors have discussed the prospect of the Iran war extending beyond Trump’s current term. Despite this, Trump has previously maintained that the conflict will conclude immediately following the midterm elections, predicting a simultaneous drop in oil and gas prices.
Addressing separate allegations regarding combat damage, Trump denied reports that Iran had struck multiple U.S. fighter aircraft at a base in Jordan. He told NewsNation that there was no damage to American assets, directly contradicting Iranian claims of success.
Simultaneously, the administration is intensifying economic pressure on Tehran. Treasury Secretary Scott Bessent announced that new sanctions against a major financial institution would be implemented on Monday, a date selected to honor the memory of victims from the September 11 attacks.
Bessent highlighted previous actions taken against the Dubai branches of Egypt’s second-largest bank, accusing it of facilitating $1.8 billion in transactions for Iran. He also confirmed sanctions on the largest Turkish bank for similar activities, though he did not identify the specific institution.
When asked about Iran’s ability to withstand these financial constraints, Trump expressed skepticism about their longevity. He indicated that the situation would likely be resolved around or shortly after the upcoming elections.
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