Trump: We Have Taken Control of Iran’s Funds and Strait; We Do Not Need a Deal with Tehran
Nov 12 2026
ARK News.. U.S. President Donald Trump said Washington no longer needs to reach an agreement with Iran, claiming that the United States has obtained Iranian funds and taken control of the country’s strait.
Speaking on Thursday, November 12, 2026, Trump said: “We have obtained hundreds of billions of dollars in Iranian funds and control the Strait of Hormuz.”
“We do not need to reach an agreement with them,” he added.
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