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First reported by TownAndCountryToday
After launching strikes on Iran, Trump says ceasefire is 'over' but says negotiations can continue

Stocks fall, oil jumps 6% after Trump declares Iran ceasefire 'over'

By

Aimee Picchi

1h ago· 3 min readenNews

Summary

U.S. stocks fell and oil prices surged 6% after President Trump declared the Iran ceasefire "over," calling negotiations a "waste of time." The renewed escalation of Middle East hostilities raises concerns about disruptions to oil shipments through the Strait of Hormuz, a critical chokepoint for global crude supplies. Markets reacted sharply to the breakdown of diplomatic efforts.

Source

bskyStocks fall, oil jumps 6% after Trump declares Iran ceasefire 'over'cbsnews.com

Key quotes

· 2 pulled
the ceasefire with Iran is "over"
"a waste of time dealing with them"
Snippet from the RSS feed
Oil prices jumped 6% while U.S. stocks fell as renewed Middle East conflict threatens crude shipments through the Strait of Hormuz.

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