Trump says Iran ceasefire is ‘over’ after new attacks, but negotiations can continue
Trump said negotiations with Iran may continue, but oil prices jumped more than 5% after new tanker attacks in the Strait of Hormuz.
- On Wednesday, President Donald Trump declared the U.S. ceasefire with Iran "over" while attending a NATO summit in Turkey, triggering a surge in energy markets with Brent crude futures advancing 5.2% to $78.39 a barrel.
- Central Command launched strikes against more than 80 Iranian targets on Tuesday, including coastal radar sites and small boats, following Iranian attacks on three commercial ships in the Strait.
- The Treasury Department rescinded a license authorizing Iranian oil sales, while Tehran's foreign ministry described the U.S. military action as a "gross violation" of the memorandum of understanding agreed to last month.
- NATO Secretary General Mark Rutte defended the strikes as "absolutely necessary" during the Ankara summit, while U.S. stock futures and European Stoxx indices declined amid escalating Middle East tensions.
- Trump described Iran's leaders as "vicious, violent people" regarding the conflict, as investors await the 2 p.m. ET release of Federal Reserve minutes, the first meeting chaired by Kevin Warsh.
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Oil prices rise, stocks drop worldwide after Trump says cease-fire with Iran 'over'
NEW YORK — Oil prices rose, and stock markets dropped in shaky trading worldwide Wednesday after President Donald Trump raised doubts about the temporary truce in the war with Iran.
DUBAI, United Arab Emirates (AP) — The United States carried out another round of attacks against Iran on Wednesday, hours after U.S. President Donald Trump said that recent Iranian attacks on ships in the Strait of Gibraltar…
US carries out another round of strikes on Iran after Trump says ceasefire is over - Boston News, Weather, Sports
DUBAI, United Arab Emirates (AP) — The U.S. carried out another round of strikes on Iran on Wednesday, hours after President Donald Trump said that...
Oil Prices Rise As US And Iran Return To War
Oil prices have surged as the United States and Iran have reignited their war. The US ruling class revoked a two-month sanctions waiver and renewed strikes against the Islamic Republic after reported tanker attacks in the Strait of Hormuz. According to the UK Maritime Trade Operations (UKMTO), an unidentified projectile struck a tanker off the coast of Oman, causing a fire on board. The WSJ reported that one of the damaged vessels may have been …
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