Trump says Iran not ready to make the 'right deal'

By Kanishka Singh and ‌Ismail Shakil

WASHINGTON, ​Aug ​21 (Reuters) - U.S. President Donald Trump said on Friday he thought Tehran was not ready to make the "right deal" ‌and that Washington was observing "what happens" in the Iran ⁠war.

QUOTES AND DETAILS:

• "It just means that we're seeing what happens," Trump told ‌reporters when asked if ‌U.S. military options with Iran were limited.

• Washington pledged this week to impose the toughest financial penalties in history with ​the aim of toppling the Iranian leadership.

• Treasury Secretary Scott Bessent said he would give details on Monday of the ⁠planned sanctions after Trump warned of economic consequences against any country that provided "any type ​of lifeline to Iran."

• "We have total control of that entire region having to do with the Strait ​of Hormuz, and that means well ‌into it, the land areas. So, they would love to make a deal, but they're not ⁠ready to make the right deal, in my opinion," Trump said on Friday.

• Before the U.S. and Israel launched attacks on Iran on ⁠February 28, the Strait of Hormuz handled about a fifth of global ​oil and LNG supplies.

• As the war approaches the six-month mark, disruptions to energy flows through the waterway continue as Iran has maintained enough ‌missile and drone capability to impede oil tanker traffic in the strait.

• Tehran responded to the ‌war's initial attacks with strikes on Israel and Gulf states with ⁠U.S. bases. U.S.-Israeli strikes on ‌Iran and Israeli ​attacks on Lebanon have killed thousands and displaced millions.

(Reporting by Kanishka Singh and Ismail Shakil; Editing by ‌William Mallard)

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