# Trump: no regrets about the Iran war

> Trump doubles down on the Iran war as Treasury lines up a fresh strike on Iran's banking lifelines.
- Title: Trump: no regrets about the Iran war · CNBC | Shortify
- Summary: Trump doubles down on the Iran war as Treasury lines up a fresh strike on Iran's banking lifelines. Trump is betting the war ends right after the midterms…
- Keywords: iran, trump, sanctions, oil, midterms, business, finance, regrets, war, CNBC
- Source: CNBC — https://cnbc.com/2026/09/11/us-iran-war-trump-hormuz-banks-oil-sanctions.html
- Author: Lim Hui Jie
- Published: 2026-09-11T01:43:57+00:00
- Read time: 1 min
- Topics: iran, trump, sanctions, oil, midterms, business, finance
## He would do it all again
Trump told Fox News he has no regrets about starting the Iran war, saying he would make the same call today.

> If I had it to do again, I would do exactly what I did.
## Worth losing the midterms
Laura Ingraham put it to him that without Iran he would be cruising to a midterm win. Trump said a nuclear Iran would have used the weapon.

> Supposing we were cruising, and all of a sudden Iran has a nuclear weapon. They would use it.
## The threat he describes
Trump said a nuclear-armed Iran would wipe out Israel and the wider Middle East, then start hitting American cities.
## Markets brace for longer
A Wall Street Journal report said White House advisors have discussed with Trump that the war could run past his current term. He insists it ends right after the midterms, with oil and gas prices falling.
## No damage, he says
Iran claimed it hit multiple U.S. fighter aircraft at a base in Jordan. Asked about it on NewsNation, Trump denied any losses.

> No damage. No nothing.
## A big bank on Monday
Treasury Secretary Scott Bessent teased sanctions against a large bank, delayed past 9/11. He says Dubai branches of Egypt's second largest bank, accused of sending Iran $1.8 billion, are already closed, along with a large Turkish lender.

> We're going to do it on Monday because we want to honor the memory of our fallen citizens on 9/11.
## Key takeaway

Trump is betting the war ends right after the midterms, while the Treasury squeezes the banks moving Iranian money, and markets are pricing in a longer fight than that.