09/29/2026 / By Garrison Vance

Iranian Foreign Minister Abbas Araghchi told NBC News’ “Meet the Press” on Sunday that Iran is “fully prepared for the war to be resumed,” according to an interview transcript released by the network. Araghchi said Iran “stands firm in the face of any new aggression, even if it comes to a doomsday war,” according to the interview.
The foreign minister, who made the remarks during a wide-ranging discussion with host Kristen Welker, indicated that Tehran remains open to diplomacy. “At the same time, we stand ready for diplomacy,” Araghchi said. “It is up to President Trump to choose.”
The comments followed President Trump’s rejection of Tehran’s seven-day ceasefire roadmap proposal, according to the report. Separately, The Wall Street Journal reported Friday that Trump is reportedly prepared to resume bombing Iran, likely after the November midterm elections. The Pentagon did not initially comment on the Iranian statements or the reported strike claims. The diplomatic impasse has persisted for seven months, according to the report, with the war having begun roughly eight months ago [1].
Iran’s Fars News Agency reported Sunday that Iranian forces struck 19 ships in the Strait of Hormuz over the past two nights. According to the report, Iranian forces hit 12 vessels Friday night and 7 more on Saturday. Western sources have been slow to report or confirm the strikes, and the Pentagon has not initially commented.
Shipping data from Kpler indicated that over 20 million barrels of crude and products exited the U.S. blockade line as a 7-day average, according to Drop Site News. The Strait of Hormuz remains a central point of contention in the ongoing conflict, officials said, with the waterway normally carrying around a fifth of global oil and liquefied natural gas shipments [2].
Regional tensions have escalated in recent weeks, with the Islamic Revolutionary Guard Corps warning of “significant changes” in its military operations if the U.S. launches another attack, according to Middle East Eye [3]. The IRGC also claimed to have downed another U.S. drone over the Strait of Hormuz, the outlet reported [3].
Araghchi said Iran’s proposal is clear: “We are ready to open the strait if certain things are done by the U.S.,” according to the NBC interview. He said the conditions include ending the war on all fronts, releasing frozen Iranian assets, allowing Iran to sell oil, and ending the naval blockade.
The foreign minister said these conditions “are not new” and that the U.S. “has already committed itself to in the previous deals,” according to the interview. In an exchange with Welker, Araghchi said, “Why aren’t they ready to release our money? It is our own money.” Welker noted that the United States is not willing to unfreeze assets or lift sanctions on the front end.
Araghchi said, “There is always hope for diplomacy,” but added Iran has “no reason to come back to diplomacy and engage with this administration once again” based on past behavior. He pointed to negotiations in 2025, when he said the U.S. “offered negotiations” only to follow with what he characterized as bad-faith actions.
“In 2025 they offered negotiations,” Araghchi said, according to the interview. “And so clearly the situation is back to square one.” The terms described by Araghchi echo demands Iran has previously presented, including the release of frozen assets and the lifting of sanctions imposed since 2018 [4].
President Trump rejected Tehran’s seven-day ceasefire roadmap proposal. The White House has launched an “Economic D-Day” campaign seeking to isolate Iran, according to the report [5]. Araghchi said Iran does not trust the Trump administration, according to the NBC interview.
The situation has returned to a stalemate that has persisted for seven months, the report stated. Araghchi said the war began eight months ago, and Iran wants it ended. No public indication of new negotiations has emerged, officials said.
Mediation efforts by Pakistan and Qatar have continued, with Pakistan’s army chief Field Marshal Asim Munir traveling to Tehran in late August to deliver a message, according to Middle East Eye [6]. Pakistan’s Prime Minister Shehbaz Sharif told reporters at the UN in New York that “Pakistan is playing the role of a sincere and honest mediator between Iran, our neighborly country, and the United States,” adding that the country has “not lost hope” in de-escalation efforts [7]. Iranian President Masoud Pezeshkian made an unprecedented visit to New York City for the United Nations General Assembly, where he said Iran will never “bend the knee” but is ready for a diplomatic solution to the conflict [8].
Mohammad Ali Shabani, editor of Amwaj.media, said the next phase of the war will likely revolve around destroying Iran’s economic infrastructure. Shabani said the method is “collective immiseration until desperate Iranians with nothing to lose will do the regime change,” according to the report.
Shabani said this sets the United States on a trajectory of another “forever war” in the region. Trump may opt for bombing in search of a “better deal,” according to the report. The report stated that such action could ensure a more hardline resistance is entrenched in decision-making centers in Tehran [9].
Market analysts have noted the economic impact of the conflict, with oil prices fluctuating on diplomatic developments. Brent crude fell below $90 a barrel in late August on renewed optimism, according to ZeroHedge [10], while earlier this month oil topped $91 as strikes resumed [11]. The current status remains unresolved, with no confirmed change in military or diplomatic positions, officials said.

Tagged Under:
Abbas Araghchi, big government, ceasefire, chaos, Collapse, debt bomb, diplomacy, foreign relations, frozen assets, geopolitics, Globalism, Iran, Iranian military, Middle East, national security, naval blockade, negotiations, new energy report, oil markets, oil supply, sanctions, Strait of Hormuz, supply chain, Trump, WWIII
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