Close Menu
Fin Street NewsFin Street News
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech

Subscribe to Updates

Get the latest finance and business news and updates directly to your inbox.

Trending
China is moving toward all-nuclear submarine construction in a major strategic shift, US Navy intel chief says

China is moving toward all-nuclear submarine construction in a major strategic shift, US Navy intel chief says

March 3, 2026
The AI boom is minting startup multimillionaires at an unprecedented speed

The AI boom is minting startup multimillionaires at an unprecedented speed

March 3, 2026
Palantir wants its old employees back: ‘The shire is calling’

Palantir wants its old employees back: ‘The shire is calling’

March 3, 2026
Meta is forming a new AI engineering org for its superintelligence push, with teams as large as 50 people per manager

Meta is forming a new AI engineering org for its superintelligence push, with teams as large as 50 people per manager

March 3, 2026
25 Remote Jobs That Don’t Require a Degree

25 Remote Jobs That Don’t Require a Degree

March 3, 2026
Facebook X (Twitter) Instagram
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
March 3, 2026 6:03 pm EST
|
Facebook X (Twitter) Instagram
  Market Data
Fin Street NewsFin Street News
Newsletter Login
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech
Fin Street NewsFin Street News
Home » Trump in phone call: Iran is ‘running out of launchers’
Trump in phone call: Iran is ‘running out of launchers’
Markets

Trump in phone call: Iran is ‘running out of launchers’

News RoomBy News RoomMarch 3, 20261 ViewsNo Comments

President Donald Trump said in an interview Tuesday that Iran was running out of crucial armaments and that he’d be open to working with some surviving members of the country’s ruling regime.

In a roughly four-minute phone call with POLITICO, which is, along with Business Insider, part of the Axel Springer Global Reporters Network, Trump argued that Tehran’s military capacity is being steadily degraded, even as Iranian forces are expected to “keep lobbing missiles for a while.”

“They’re running out and they’re running out of areas to shoot them, because they’re being decimated,” Trump said. “They’re running out of launchers.”

The president’s assertion is new and had not been mentioned during a Monday Pentagon briefing or publicly by any other administration officials.

The president’s comments come as the US and the Middle East brace for continued missile and drone attacks from Iran, which has retaliated in waves since the conflict erupted early on Saturday.

US embassies in Saudi Arabia and Kuwait announced Tuesday they would close and the State Department warned Americans across the Middle East to leave the region as the quickly expanding war entered its fourth day.

The president’s suggestion that Iran’s capacity to retaliate would soon subside comes as the timeline for hostilities, the US’s own stockpile, the ultimate goal of the war and the plan for who leads Iran remains up for debate, even, at times, within the administration.

Trump during the interview said, “we have unlimited of the middle- and upper middle- ammunition and things. We save it and we build it.”

“The defense companies are on a rapid tear to build the various things we need,” he added. “They’re under emergency orders. We’re making it fast. But we have unlimited, as stupid as [former President Joe] Biden was, he didn’t use it.”

But on Tuesday Sen. Richard Blumenthal (D-Conn.) said there is a “potential desperate and disastrous shortage of THAAD and Patriot systems that are necessary to protect our embassies, our bases, our civilians.”

Trump has suggested the war could last four or five weeks or be over in a few more days.

He justified the war by saying Iran was on the verge of having a nuclear weapon or being capable of attacking the United States, while Secretary of State Marco Rubio and House Speaker Mike Johnson said Monday that Israel was poised to strike Iran anyway — meaning America would have been hit in response.

Varying constituencies within the GOP spent the weekend promoting their preferred candidate to lead Iran, with little more than lip service paid to the idea of a Democratic election.

Trump, on Tuesday, said he’d be open to engaging with a reconfigured Iranian government if one emerges from the conflict.

Asked whether it is too late for him to consider working with someone in a new government, Trump replied, “Nope, not too late. Forty-nine [senior Iranian leaders] were killed, don’t forget, so that goes pretty deep, right? New ones are emerging. A lot of people want the job. Some of them would be very good.”

Sophia Cai is a White House reporter at POLITICO, which is part of the Axel Springer Global Reporters Network. The network publishes major stories from the Axel Springer network of publications, a worldwide group of news outlets that includes Business Insider.



Read the full article here

Share. Facebook Twitter LinkedIn Telegram WhatsApp Email

Keep Reading

The AI boom is minting startup multimillionaires at an unprecedented speed

The AI boom is minting startup multimillionaires at an unprecedented speed

Meta is forming a new AI engineering org for its superintelligence push, with teams as large as 50 people per manager

Meta is forming a new AI engineering org for its superintelligence push, with teams as large as 50 people per manager

Target shifts away from being an ‘everything store’ in new strategy focused on ‘busy families’

Target shifts away from being an ‘everything store’ in new strategy focused on ‘busy families’

McDonald’s CEO’s small bite of the new ‘Big Arch’ shows the risk of going direct to the public. I say keep at it, Chris!

McDonald’s CEO’s small bite of the new ‘Big Arch’ shows the risk of going direct to the public. I say keep at it, Chris!

Prediction markets face scrutiny over Iran strike betting profits

Prediction markets face scrutiny over Iran strike betting profits

Apollo CEO Marc Rowan predicts a private markets ‘shakeout’

Apollo CEO Marc Rowan predicts a private markets ‘shakeout’

Bill Clinton says he can only remember sending 2 emails in his life

Bill Clinton says he can only remember sending 2 emails in his life

Stanley Black & Decker to cut 300 jobs, close Connecticut tape-measure plant

Stanley Black & Decker to cut 300 jobs, close Connecticut tape-measure plant

US stocks plunge as Middle East tensions drive oil prices higher

US stocks plunge as Middle East tensions drive oil prices higher

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

The AI boom is minting startup multimillionaires at an unprecedented speed

The AI boom is minting startup multimillionaires at an unprecedented speed

March 3, 2026
Palantir wants its old employees back: ‘The shire is calling’

Palantir wants its old employees back: ‘The shire is calling’

March 3, 2026
Meta is forming a new AI engineering org for its superintelligence push, with teams as large as 50 people per manager

Meta is forming a new AI engineering org for its superintelligence push, with teams as large as 50 people per manager

March 3, 2026
25 Remote Jobs That Don’t Require a Degree

25 Remote Jobs That Don’t Require a Degree

March 3, 2026
Feds point to Taylor Swift ticket fiasco as evidence of Live Nation and Ticketmaster’s monopoly

Feds point to Taylor Swift ticket fiasco as evidence of Live Nation and Ticketmaster’s monopoly

March 3, 2026

Latest News

Target shifts away from being an ‘everything store’ in new strategy focused on ‘busy families’

Target shifts away from being an ‘everything store’ in new strategy focused on ‘busy families’

March 3, 2026
How To Make A Monthly Budget In 5 Simple Steps

How To Make A Monthly Budget In 5 Simple Steps

March 3, 2026
I struggled to make friends after moving from D.C. to Pittsburgh — so I threw a party

I struggled to make friends after moving from D.C. to Pittsburgh — so I threw a party

March 3, 2026

Subscribe to News

Get the latest finance and business news and updates directly to your inbox.

Advertisement
Demo
Facebook X (Twitter) Pinterest TikTok Instagram
2026 © Prices.com LLC. All Rights Reserved.
  • Privacy Policy
  • Terms
  • For Advertisers
  • Contact

Type above and press Enter to search. Press Esc to cancel.