President Donald Trump said Thursday that the United States no longer needs a deal with Iran, a turn from days of signals that talks to end the U.S.-Iran war were moving forward.

“We don’t need a deal with Iran. Those days have long since passed,” Trump wrote on Truth Social, according to CNBC and Bloomberg News. “We’ve got their money, Hundreds of Billions of Dollars, and we’ve got their Strait!”

Earlier this week he had said more military action did not seem needed “at this point,” and on Sunday he called new attacks on Iran “highly unlikely” as talks went on, CNBC reported.

Oil moves, then settles

Brent crude, the global benchmark, jumped on the post before giving back some of the gain, Bloomberg reported. By Thursday morning it was up about half a percent, near $93.30 a barrel. U.S. crude was roughly flat, near $86, according to CNBC.

Oil has had a wild year. Brent is up more than 50% since January but has dropped sharply this month as traders priced in a possible end to the fighting, Bloomberg reported, and U.S. crude is down about 16% in November, according to CNBC. One analyst told CNBC the market “may have gotten ahead of itself” in betting on peace.

What’s happening in the Gulf

The two sides still disagree on Iran’s nuclear program, its frozen money and the U.S. naval blockade, Bloomberg reported. Iran’s semi-official ISNA news agency said two loaded supertankers were stopped by explosions on Nov. 11 while using what Iran called an “unauthorized” route through the Strait of Hormuz.

A senior Iranian security official, Mohsen Rezaee, said in an interview with the Al Mayadeen network that Iran would not give up “a single atom” of its enriched nuclear material, according to Bloomberg.

What it means at the pump here

Gas prices along the Gulf Coast have been falling with crude. Regular gasoline in the Gulf Coast region, which includes Louisiana, averaged $3.48 a gallon on Nov. 9, down about 15 cents from the week before, according to the U.S. Energy Information Administration. That is still about 88 cents higher than a year ago. The national average was just under $4.

Diesel, which farmers, fishermen and truckers in the parish depend on, averaged $5.74 a gallon in the Gulf Coast region, down 17 cents in a week but about $2.31 above last year, the agency reported.

The agency’s next weekly prices come out Tuesday, Nov. 17. A lasting jump in crude after Thursday’s post would show up there first.

Read our earlier coverage: [Iran vows retaliation as Trump weighs new strikes](/news/iran-threatens-retaliation-trump-weighs-strikes/).