Trump says Iran ceasefire is ‘over’ after new attacks, but negotiations can continue
Trump said negotiations could continue as oil prices jumped 5% after U.S. and Iranian strikes over attacks on commercial shipping.
- 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- The Treasury Department rescinded a license authorizing Iranian oil sales, while Tehran's foreign ministry described the U.S. military action as a "gross violation" of the memorandum of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...
War Hungry Trump Says Ceasefire is “Over” as Families Prepare for Even Higher Gas Prices
Vulnerable House Republicans continue to support Trump’s price-hiking agenda Donald Trump’s never-ending war of choice in the Middle East is once again causing oil prices to surge – and vulnerable House Republicans continue to fall in line. Since Trump’s war began, Republicans have fought to shield Trump from Congressional oversight, voting regularly to rubber stamp his war, and forcing everyday Americans to foot the bill. A new Harris poll co…
Higher gas prices aren’t the only way rising tensions with Iran will hit home
Wall Street expects President Trump’s call that the Iran cease-fire is over will hurt airlines and home builders more than it will help oil companies. Article Attribution | Read More at Article Source The post Higher gas prices aren’t the only way rising tensions with Iran will hit home appeared first on RocketNews.
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