diplomatic high confidence

Trump: 'Don't Rush Me' on Iran Timeline; Clarifies No Nuclear Weapons; Brent Crude Rises to $107/bbl

| Iran Conflict

President Trump on April 24, 2026 told reporters he would not provide a timeline for resolving the Iran war, saying 'Don't rush me' when pressed. He added that 'time is not on Tehran's side,' signaling continued US confidence in the pressure campaign even as ceasefire diplomacy stalled. In a notable walk-back of earlier threatening rhetoric about 'erasing Iranian civilization,' Trump clarified that the United States would not use nuclear weapons against Iran. Meanwhile, Brent crude futures rose 1.9% to $107.10/bbl during early trading as the unresolved 'tanker war' in the Strait of Hormuz kept markets elevated — both the US blockade of Iranian ports and Iran's hold on the MSC Francesca, Epaminondas, and other seized vessels continued. The 'dual blockade' dynamic — no ship can enter without US permission and none can leave without Iran's authorization — sustained a near-zero flow of commercial shipping through the strait. WTI crude rose 1.6% to ~$97.37/bbl. Analysts said the market was pricing in a prolonged standoff as Iranian leaders denied Trump's 'fractured government' characterization, presenting unified messaging from the IRGC, parliament, and presidency.

Brent crude rises to $107/bbl as US-Iran deadlock in Strait of Hormuz shows no signs of resolution on Day 56
Brent crude rises to $107/bbl as US-Iran deadlock in Strait of Hormuz shows no signs of resolution on Day 56 — Al Jazeera