President Donald Trump said there will be no US military strike on Iran on Sunday, a day after saying one could come “tomorrow.” Asked by reporters, he said, “There will not be a strike.” The remark follows his Saturday comments and shows how quickly the stance is shifting.
Trump framed the decision as binary. In a Fox News interview he said, “Do I make a deal with them, or do I finish them off? That’s the only question.” On Saturday he said either outcome would be a US victory and questioned whether Tehran would honor any commitments. He gave no deadline and no specific deal terms.
He also claimed the US “now control[s]” the Strait of Hormuz, said commercial traffic there is above pre-war levels, and called the US Navy blockade of Iranian ports “unbelievable.” Hormuz control remains a key friction point, according to Anadolu.
The war began in late February with joint US-Israeli strikes. A ceasefire and a memorandum toward a final peace deal exist, but neither side has dropped its aggressive posture. Reports earlier this week pointed to possible action after the November 3 midterm elections, and no operation has been announced.
For crypto and other risk assets, the headline risk matters because oil and inflation expectations are already sensitive ahead of the Fed meeting on October 27-28. Bitcoin is trading near $80,000. A ruling-out of strikes today can reverse quickly, so traders are likely to keep reacting to each new statement. This is news, not investment advice.
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Sources:
- Anadolu Agency: Trump rules out Sunday military strikes on Iran
- CBS News: Live updates, Trump says he’s weighing deal with Iran against action to finish them off
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