President Donald Trump said Friday that he has not yet decided whether to launch larger military strikes against Iran, emphasizing that Washington is still engaged in negotiations with Tehran even as the conflict enters its 13th consecutive day.
Speaking to reporters at the Oval Office, Trump said the U.S. has multiple options, including continuing its current military campaign or escalating operations if necessary. He stressed that diplomacy remains the preferred path, but warned that the United States is fully prepared to increase military pressure if talks fail.
"We're talking to them right now," Trump said. "They're getting more and more serious as the days go by. I think negotiating is the smarter way, but we can take military action to a much higher level if we want to. We're locked and loaded."
The comments followed reports that Trump is considering restarting broader combat operations against Iran, potentially involving more extensive strikes than those carried out since hostilities intensified. U.S. forces have targeted Iranian drone facilities, military infrastructure, and coastal surveillance sites in an effort to weaken Tehran's ability to threaten commercial shipping through the Strait of Hormuz.
Meanwhile, diplomatic efforts appear to have stalled. According to The New York Times, Iran rejected a U.S.-backed ceasefire proposal delivered by Iraqi Prime Minister Ali al-Zaidi, arguing that the proposal failed to address the future control of the Strait of Hormuz, a critical global oil shipping route.
The report said Iranian officials are preparing for the possibility of a broader regional conflict if the United States expands its military campaign. Tehran has reportedly warned it could intensify attacks against Israel and encourage Yemen's Houthi movement to disrupt shipping through the Bab al-Mandab Strait, another vital maritime corridor.
Trump also renewed threats of "major military punishment" against Iran and the Houthis after the Yemeni group claimed responsibility for attacks on two Saudi oil tankers in the Red Sea.
Geopolitical tensions have continued to support oil prices. Although Brent crude retreated Friday after briefly topping $100 per barrel, the global benchmark still posted a weekly gain of nearly 12% as traders weighed the risk of supply disruptions in both the Strait of Hormuz and the Bab al-Mandab Strait.
At home, the conflict is also creating political pressure, with some lawmakers pushing for congressional authorization before any further escalation of U.S. military operations against Iran.


Asian Stocks Slide as Oil Tops $100, Middle East Conflict Fuels Inflation Fears
Amish Shah Wins Arizona Democratic Primary in Key U.S. House Race
Australia Jobs Surge in June Strengthens Case for More RBA Rate Hikes
Nasdaq Drops as AI Earnings, Oil Surge and Middle East Tensions Weigh on Wall Street
Japan’s Nikkei Slides Over 2% as Alphabet Selloff Sparks AI Spending Concerns
European Stocks Flat as Oil Tops $100, Trump Tariffs Fuel Inflation Fears
Trump to Deliver ‘Unifying Yet Vicious’ Speech at White House Correspondents’ Dinner Amid Heightened Security
Iran Rejects U.S.-Backed Ceasefire as Trump Escalates Military Threats, Oil Tops $100
Trump Signals More Iran Strikes While Leaving Door Open to Nuclear Deal
Oil Prices Head for Weekly Surge as Red Sea Attacks and Kazakhstan Supply Cuts Raise Disruption Fears
ASEAN Forum Puts Middle East Conflict, South China Sea Tensions in Spotlight
Oil Prices Pull Back After Two-Week Rally as Middle East Supply Risks Persist
Brent Oil Holds Above $100 as Red Sea Attacks, Iran Conflict Threaten Global Supply
US Dollar Posts Best Weekly Gain in Over a Month as Middle East Tensions Boost Safe-Haven Demand
UN Reappoints Volker Turk as Human Rights Chief Despite U.S., Russia, Israel Opposition
Japan Manufacturing Growth Holds Strong in July Despite Middle East Uncertainty
Trump Threatens Iran With 'Major Military Punishment' as Red Sea Attacks Push Oil Above $100 



