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Trump said one possible strategy was to continue with the current approach and watch Iran’s economic situation worsen. “Do what I’m doing now: just bop along and look how bad they’re doing,” he said, adding that Iran was economically struggling and unable to borrow money. Trump also said the US controlled frozen Iranian assets, describing himself as “their banker.”
The other option, he said, would be to “hit them really, really hard.”
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Trump’s comments came as Pakistan said the US and Iran were close to “some sort” of deal, while Qatar said talks on managing the Strait of Hormuz were at an advanced stage, despite reports of fresh attacks on shipping in regional waters.
Since the conflict began in late February, Trump has repeatedly alternated between threats of escalation and claims that a peace agreement was close.
Trump also dismissed concerns about dwindling US ammunition stocks, saying Washington was “building them like crazy” and blaming former President Joe Biden for the lower levels.
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“We’re fine with munitions,” Trump said. “But the reason it would be lower, and we’re building them like crazy, but the reason it’s low is because he (Biden) gave $300 billion worth to Ukraine.”
The remarks follow a report that the US Army has used much of its stockpile of highly accurate long-range missiles during the five-month war with Iran, raising concerns about the military’s readiness for future conflicts.