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U.S. President Donald Trump confirmed that Iran is not prepared to make a deal with Washington after he halted negotiations and imposed an economic embargo on the country. He said that Iran wants to reach an agreement but currently lacks the funds and is not paying the salaries of its security and military forces. He added that Iran fully controls its borders and the Strait of Hormuz, and that it is seeking to conclude an agreement but is not ready to accept acceptable terms. Iran has also threatened to retaliate in a devastating manner if U.S. policies against it continue, amid rising tensions between the two countries over control of the Strait of Hormuz.
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