Iran is reassessing its engagement with the United States following a new round of American military strikes, as US President Donald Trump warned Tehran that it would face consequences for failing to reach a negotiated agreement with Washington.

In a post on Truth Social on Wednesday, Trump claimed Iran had been decisively weakened and accused its leadership of delaying negotiations.

“Iran’s military is a complete and total mess. Much of it, including its Navy and Air Force, no longer effectively exists. They have been completely defeated,” Trump wrote, adding that Iran had missed an opportunity to secure a favourable agreement with the United States.

“They’ve taken too long to negotiate a deal that would have been great for them. Now they will have to pay the price,” he said.

The remarks came after US forces launched airstrikes early Wednesday, blaming Tehran for the downing of an American attack helicopter. Iran subsequently retaliated with actions targeting countries in the region, further escalating tensions and raising concerns about the prospects for ending the conflict.

The latest exchange marked the second major escalation this week. Earlier, Iran and Israel exchanged strikes despite an existing ceasefire, underscoring the fragility of efforts to contain the conflict.

While Trump has repeatedly expressed confidence that negotiations with Iran could eventually produce a breakthrough, he has also warned that Washington remains prepared to intensify military action if necessary.

In an interview with Fox News, the US president said he was “close to ordering new strikes on Iranian power plants and bridges,” signaling the possibility of additional military operations.

According to US Central Command (CENTCOM), the latest American strikes targeted Iranian air defence systems, ground control facilities and surveillance radar installations. Iranian authorities confirmed attacks near Bandar Abbas and Qeshm Island but did not provide details on the extent of the damage.

CENTCOM described the operation as a proportional response to recent attacks on US personnel and international commercial vessels operating in regional waters.

Meanwhile, Iran’s senior diplomatic officials vowed retaliation, and Tehran later claimed to have launched operations targeting locations in Kuwait, Bahrain and Jordan.

The continuing conflict has had significant economic repercussions worldwide. Since hostilities began on February 28, global energy markets have come under pressure, driving up fuel costs and contributing to rising prices for a range of essential goods.

Brent crude, the international oil benchmark, traded above $91 per barrel on Wednesday, representing an increase of more than 25 per cent since the outbreak of the conflict.

As diplomatic efforts continue, the latest military exchanges have heightened concerns about regional stability, global energy supplies and the risk of a broader confrontation in the Middle East.