Trump says Iran wants deal, but does not rule out further military action

Donald Trump stated that Iran wants to close a deal with the United States, but did not rule out continuing military operations against the country. According to Times Brasil, the statement was given to the Pod Force One podcast on Monday, the 2nd, and shows Washington's ambiguity in the face of a conflict that is already weighing on oil and markets.

Regarding the Iranian disposition, Trump limited himself to saying “We’ll see.”, according to InfoMoney. In the same vein, the outlet reported that he stated that the US hit Iran “very hard” and that it overthrew two Iranian regimes. For Trump, however, the operations are not yet completed, and the Americans have not “finished the job”, according to Times Brasil.

The conflict began in February 2026, and negotiations between the US and Iran have been mediated by Qatari authorities, according to Revista Oeste. In the conversation, Trump said that “they cannot have nuclear weapons,” in reference to Iran, according to InfoMoney.

Oil is the most sensitive point in this equation. Trump said the Strait of Hormuz is closed and oil stocks are above pre-war levels, he said. Even so, Revista Oeste recorded a sharp drop in oil on the morning of Monday, the 2nd, with optimism regarding negotiations. Times Brasil adds that Trump also commented on the impacts of the war on the US economy and on the midterm elections.

What is at stake is the direction of the conflict: an agreement that reduces tension or new military actions that keep the strait closed. When such opposite signals appear at the same time, volatility tends to increase and the news starts to move prices within a few hours.

What changes for the investor

The main channel is oil. A credible agreement tends to put downward pressure on prices, as already happened at the beginning of this Monday, which alleviates fuel and transport costs and can reduce the inflationary pressure that influences interest rate expectations. In the opposite scenario, the continuity of operations and the closure of the strait maintain the risk of new supply shocks, favoring companies in the energy sector and requiring caution from fuel-dependent companies. In Nasdaq and the dollar, the effect usually appears due to risk aversion and interest rate expectations, and the reading depends on which of these paths is confirmed. This article does not provide a purchase or sale recommendation: monitoring negotiations and oil developments continues to be the main thermometer for those who invest.

Automatically translated from Portuguese.