First reported by TownAndCountryToday
After launching strikes on Iran, Trump says ceasefire is 'over' but says negotiations can continue
Oil jumps 5%, stocks fall after Trump declares Iran ceasefire 'over' and signals more strikes
By
Steve Kopack
5h ago· 4 min readenNews
Summary
Oil prices surged over 5% and stocks fell after President Donald Trump declared the U.S. ceasefire deal with Iran "over" during the NATO summit in Ankara, Turkey. Trump stated he considered further negotiations a "waste of time" and indicated the U.S. military would likely launch additional strikes, potentially targeting Iran's Kharg Island oil terminal. The remarks triggered immediate volatility in global energy markets and a sell-off in equities.
Source
bskyOil jumps 5%, stocks fall after Trump declares Iran ceasefire 'over' and signals more strikesnbcnews.comKey quotes
· 3 pulledI think it's over. I don't want to deal with them anymore.
I don't want to deal with them anymore.
probably hit [Iran] again tonight
The price of oil surged more than 5% early Wednesday after President Donald Trump said the U.S. ceasefire deal with Iran was “over,” and the United States was planning additional strikes.
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