President Donald Trump rules out Iran negotiations as stocks fall, oil prices surge and Wall Street weighs growing Middle East tensions. #foxbusiness #bigmoneyshow
00:00 Trump Rules Out Iran Talks as Oil Prices Rise
01:04 Midterm Elections Face Pressure From Rising Energy Costs
02:12 Oil Market Uncertainty Fuels Inflation Concerns
03:20 Panel Debates Iran War and Impact on American Consumers
08:51 David Bahnsen Reveals Energy Investment Opportunities
https://t.co/NXiRmJ2kag
— Rapid Response 47 (@RapidResponse47) October 22, 2026
‘NOT NEGOTIATING’: Trump Says Something Will Happen ‘Fairly Soon’ with Iran as Oil Tops $111 and Strike Plans Sit Ready
President Trump told reporters this week he is not negotiating with Iran. Something will happen one way or the other, fairly soon. Most people think that means after the midterm elections on November 3.
The comments came after months of stalled talks, a restricted Strait of Hormuz, and fresh reports that the United States and Israel have drawn up plans for short, intensive strikes once the election is over. Iran’s side says indirect contacts through Pakistan and Qatar are still going on. Trump says they are not.
The core problem is simple. Iran wants the United States to lift its naval blockade on Iranian ports, ease oil sanctions, and unfreeze assets first. Only then would Tehran talk seriously about its nuclear program. Iranian security chief Mohsen Rezaei put the nuclear demand in blunt terms this week: not a single gram of enriched uranium will leave the country. He called it a national asset that stays inside Iran.
Iran has already enriched uranium to 60 percent. That is close to the level needed for a weapon. Trump has been clear that Iran will never be allowed to get a nuclear bomb. Earlier proposals from Tehran that demanded big U.S. concessions up front without real nuclear movement were rejected as unacceptable. Trump has said Iran overplayed its hand.
WSJ: Iran’s Fleet of Shadow Tankers Has Run Out of Oil After Monthslong U.S. Blockade https://t.co/vEBzgIYEEx
— Rapid Response 47 (@RapidResponse47) October 22, 2026
The Strait of Hormuz remains the practical flashpoint. The narrow waterway carried a large share of the world’s oil before the war started in late February. Iran has restricted it, claimed control, and reported attacks or mine strikes on tankers. U.S. forces say they are still moving some traffic under protection, but commercial crossings are a small fraction of normal levels. Brent crude has climbed above $111 a barrel on the uncertainty. Higher fuel prices hit American drivers and businesses right before voters go to the polls.
The New York Times reported that U.S. and Israeli planners have prepared options for a short, hard operation after the midterms. Possible targets include Iranian nuclear sites, energy infrastructure, and missile and drone stocks. The idea, according to the reporting, is that another round of damage could push Iran’s already strained economy into concessions. Trump has publicly said the United States will not attack before November 3. U.S. forces have been building up in the region, and some nonessential embassy staff have been pulled from Gulf posts.
Today marks 100 days since CENTCOM forces resumed America’s steel wall naval blockade against Iran. This effort has helped prevent Iran from exporting at least $25 billion worth of crude oil and constrained the IRGC’s ability to fund proxy militias, criminal networks, and terrorism. There have been no exports or imports to Iran by sea except for the humanitarian aid U.S. forces have allowed.
— U.S. Central Command (@CENTCOM) October 22, 2026
Trump’s approach has been consistent on the end goal: stop Iran from getting a nuclear weapon and make any deal stick. Temporary pauses that leave the enriched uranium in place and the blockade as the only leverage do not meet that standard. Iran’s foreign minister has said the strait stays restricted until Washington accepts Tehran’s terms. That is the gap.
The result is the perfect storm the earlier Whatfinger piece flagged: oil pressure, election timing, nuclear deadlock, and military options waiting on the other side of November 3. Trump is not treating Iran’s latest demands as a starting point for talks. He is treating them as the reason talks are not happening.
For ongoing coverage of the military and defense side, Whatfinger News is tracking developments at militarywar.whatfinger.com.
— The Whatfinger News Team: Sgt R, Sgt K and Grok on edits
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