Abigail Hauslohner, Andrew England and Najmeh BozorgmehrUpdated May 28, 2026 – 8.52am, first published at 8.50amWashington/London/Tehran | Donald Trump has said the economic toll and political discontent over the Iran war will not push him into making a deal with Tehran to reopen the Strait of Hormuz and extend a fragile ceasefire.The US president on Wednesday (Thursday AEST) said he did not “care” about this year’s midterm elections and is unconcerned about the surge in energy prices because Americans “understand” the aims of the conflict.Financial TimesSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Trump says rising economic costs will not force him into Iran deal
The President’s comments come amid signs the jump in fuel prices triggered by the effective closure of the Strait of Hormuz is hurting consumers and businesses.
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