Trump blames global diesel shortages on Ukraine, says Tehran wants a deal

Iran has resumed producing limited numbers of ballistic missiles at underground sites, relying on components that were stored before the war began, a U.S. official familiar with the latest intelligence assessments on the matter told ABC News.

According to the official, Iran is manufacturing the weapons at a significantly slower rate than it was before the conflict.

It’s unclear whether Iran will be able to continue manufacturing the missiles after its stockpiles run dry, as damage to the country’s production sites and the ongoing U.S. blockade have complicated its ability to make or procure the necessary parts, they said.

The intelligence findings were first reported by the Wall Street Journal.

-ABC News' Shannon Kingston

President Donald Trump denied reports that a U.S. military aircraft at a base in Jordan has been damaged by Iranian strikes in an interview with NewsNation Thursday morning.

"Nope… None whatsoever. No damage. No nothing," Trump said in the interview.

NewsNation then pressed Trump on the timeline for ending the war with Iran. Trump said he thinks the war will end "after the elections," but then added that it could be "maybe sooner."

"I don’t know that they’re gonna be able to hold out," Trump told NewsNation, when asked how Iran could continue holding out under the current economic pressure. "But it’ll get settled after the elections. Or maybe sooner. But it’ll get settled right after the election."

The Al-Masirah television channel -- controlled by the Iran-backed Houthi rebels in Yemen -- reported on Thursday that Saudi Arabia struck around 40 targets across four Yemeni regions over the previous 24 hours.

Recent weeks have seen the resumption of significant fighting on Yemen's western Red Sea coast, with the Houthi rebels clashing with forces loyal to the Saudi-backed, internationally-recognized Yemeni government.

-ABC News' Victoria Beaule and Guy Davies

In his remarks during Wednesday's GOP midterm convention, President Donald Trump suggested the U.S. may strike Iran's Pickaxe Mountain, a known site for nuclear centrifuge assembly, which was not targeted in the U.S.'s initial strikes on Iranian nuclear facilities.

"There's another place called Pickaxe Mountain. Another nice place. We may have to give them a shot there, too, because somebody said there was a little movement at the site," Trump warned.

"We noticed there's a little activity at Pickaxe. I would advise Iran not to get cute because we will have to hit them very hard. We have no choice, right?" he added.

The president also floated naming the Strait of Hormuz after himself after claiming that oil prices would come down "as soon as we win the war with Iran."

He added, "We control the Hormuz strait. I think we should call the Hormuz strait -- we should call it the Trump -- I should get something out of it -- the Trump Strait," he said as the audience cheered.

-ABC News' Nicholas Kerr