‘These Fools Think I Wasn’t Tough Enough On Iran’: Trump Says Peace Deal Sent Markets Soaring, Oil Tumbling

Last Updated:June 18, 2026, 17:37 IST

Donald Trump defends US-Iran peace deal amid backlash even as oil prices fall, markets rise, and critics warn of nuclear and security risks.

Hours after the signing of peace agreement, critics accused the US President of offering concessions to Iran to end the war. Responding to the criticisms, Donald Trump called them “fools".

In a post on Truth Social, Trump said: “These fools, who think I haven’t been tough enough on Iran, when the Stock Market Just Hit A RECORD HIGH, and Oil prices are “tumbling" down, are either jealous, bad people, or stupid."

United States President Donald Trump and his Iranian counterpart, Masoud Pezeshkian, on Thursday signed a peace deal aimed at ending the months-long US-Iran war in West Asia.

Check for Live Updates on Iran war

The Iranian President has also shared images of the signed US-Iran agreement on social media, describing the document as a historic achievement and a symbol of Iran’s strength following months of negotiations with Washington.

According to AFP, oil prices tumbled after the signing of the deal. Crude futures slid around two percent.

AFP reported that at around 0625 GMT, the main US oil contract, West Texas Intermediate, sank 3.4 percent to $74.18 a barrel. International benchmark Brent North Sea crude was down 3.02 percent at $77.15 a barrel.

The eurozone’s major stock markets edged higher. AFP reported that in Asian trading, Seoul was again at the forefront of gains, surging more than two percent and ploughing past 9,000 points for the first time thanks to afresh surge in chip titans Samsung and SK hynix as the AI boom continues apace.

Trump Faces Criticisms

Since the signing of the deal, however, Trump has been facing criticisms even within his party as many have questioned whether Tehran got too much from the deal without making substantial nuclear or missile concessions.

Trump has insisted that the US will not finance the reconstruction fund and said he had not pressured Gulf countries to contribute. However, the Republicans have raised concerns that the agreement could strengthen the Iranian leadership after months of costly warfare.

“Reagan is rolling over in his grave," Louisiana Senator Bill Cassidy said, referring to the former president whom Trump admires. “Iran’s nuclear ambitions were not curbed, and they have learned that threatening the Strait of Hormuz works and will undoubtedly leverage it in the future."

He further said: “Before the war, the strait was open, Iran was being crushed by sanctions, and 13 [US] service members were still alive. Now, 13 Americans are dead, families have paid billions at the pump, sanctions will be lifted, and the bombing has stopped…This is the worst foreign policy blunder in decades."

While Texas Senator Ted Cruz praised Trump for weakening Iran’s military, he also raised concerns about the financial provisions. “Is it giving $300 billion to the Iranian ayatollah?" Cruz asked on his podcast. “I hope not. I pray not."

Interestingly, even Former vice-president Mike Pence said: “I would urge the President to take a step back, continue the blockade and pursue a negotiated settlement that commits Iran to dismantling their nuclear program, dismantling this missile program, ends support for terrorist proxies and opens the strait. Failing that, we should let our Armed Forces finish the job on our terms."

News world ‘These Fools Think I Wasn’t Tough Enough On Iran’: Trump Says Peace Deal Sent Markets Soaring, Oil Tumbling

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