'I don't care about the midterms': Trump says he's in no rush to reach deal with Iran

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"They thought they were going to out-wait me, you know. 'We'll out-wait him. He's got the midterms.' I don't care about the midterms. Look what happened last night, that was a prelude to the midterms. People understand it," Trump said, likely referencing his endorsed candidate, Ken Paxton, winning the Senate Republican runoff in Texas. With tensions escalating with Iran and gas prices still up across the country, Trump said he feels no urgency to end the war. "Mr. President, you've said that you're in no rush to make a deal, but with gas prices that are still high across the country, people are paying more for travel. Does that give you more urgency to make a deal? Why doesn't it?" ABC News Senior Political Correspondent Rachel Scott asked Trump during the Cabinet meeting. "Well, I'll tell you, the primary urgency, I've said this, it wasn't covered properly, but the primary urgency is that we can't let Iran have a nuclear weapon," Trump responded. President Donald Trump speaks during a cabinet meeting in the Cabinet Room at the White House, in Washington, May 27, 2026.Evan Vucci/ReutersThe president also appeared to issue a new threat against Oman, a key American ally in the Middle East. Trump said he would not accept a short-term deal that allows Iran and Oman to control the Strait of Hormuz -- as reported in Iranian state media, and that the critical shipping lane will be "open to everybody." "Oman will behave just like everybody else or we'll have to blow them up. They understand that," Trump said. Trump on Wednesday was asked whether he would consider easing any sanctions on Iran. He said no. "No, we're not talking about any easing of sanctions or giving money. No sanctions, no money, no nothing," Trump said. "We have control of money that they claim is theirs. We'll keep control of that money. And when they behave properly and when they do what's right, we'll let them have their money. But right now, we're not doing that ... One thing is not contingent on the other." The comments come after a senior administration official told reporters over the weekend that Iran could be rewarded with a lifting of sanctions and unfreezing of assets in exchange for a deal on its nuclear program. On the status of negotiations, Trump said on Wednesday he's "not satisfied" and that Iran is "negotiating on fumes." "We're not satisfied with it, but we will be. We will be. Either that or we'll have to just finish the job," Trump said. 24/7 coverage of breaking news and live events President Donald Trump said during a Cabinet meeting on Wednesday that he isn't concerned about making a deal soon with Iran, adding that he doesn't \"care about the midterms\" in what he said he thinks is the regime’s calculation that he has to negotiate a deal before what are expected to be highly-competitive elections in November. \"They thought they were going to out-wait me, you know. 'We'll out-wait him. He's got the midterms.' I don't care about the midterms. Look what happened last night, that was a prelude to the midterms. People understand it,\" Trump said, likely referencing his endorsed candidate, Ken Paxton, winning the Senate Republican runoff in Texas. With tensions escalating with Iran and gas prices still up across the country, Trump said he feels no urgency to end the war. \"Mr. President, you've said that you're in no rush to make a deal, but with gas prices that are still high across the country, people are paying more for travel. Does that give you more urgency to make a deal? Why doesn't it?\" ABC News Senior Political Correspondent Rachel Scott asked Trump during the Cabinet meeting. \"Well, I'll tell you, the primary urgency, I've said this, it wasn't covered properly, but the primary urgency is that we can't let Iran have a nuclear weapon,\" Trump responded. The president also appeared to issue a new threat against Oman, a key American ally in the Middle East. Trump said he would not accept a short-term deal that allows Iran and Oman to control the Strait of Hormuz -- as reported in Iranian state media, and that the critical shipping lane will be \"open to everybody.\" \"Oman will behave just like everybody else or we'll have to blow them up. They understand that,\" Trump said. Trump on Wednesday was asked whether he would consider easing any sanctions on Iran. He said no. \"No, we're not talking about any easing of sanctions or giving money. No sanctions, no money, no nothing,\" Trump said. \"We have control of money that they claim is theirs. We'll keep control of that money. And when they behave properly and when they do what's right, we'll let them have their money. But right now, we're not doing that ... One thing is not contingent on the other.\" The comments come after a senior administration official told reporters over the weekend that Iran could be rewarded with a lifting of sanctions and unfreezing of assets in exchange for a deal on its nuclear program. On the status of negotiations, Trump said on Wednesday he's \"not satisfied\" and that Iran is \"negotiating on fumes.\" \"We're not satisfied with it, but we will be. We will be. Either that or we'll have to just finish the job,\" Trump said.