U.S. President Donald Trump said Friday he’s holding a White House Situation Room meeting with his advisers as he looks to make a “final determination” on moving forward with a deal to extend the Iran ceasefire and reopen the Strait of Hormuz.
The U.S. military on Thursday accused Iran of violating a fragile ceasefire after Kuwait reported coming under attack following an American strike against the Islamic Republic.
President Donald Trump asserted on Wednesday that Iran is “negotiating on fumes” and insisted that November’s midterm elections won’t make him rush into a deal to end the nearly three-month-old conflict that’s spurred unease across the global economy.
President Donald Trump will meet with his Cabinet on Wednesday at a precarious moment for talks aimed at ending the war with Iran, just days after insisting that his administration and Tehran had “largely negotiated” a settlement but with the negotiations still in a state of flux.
The cost of gas is down about two cents from Monday, May 25.
Iran on Tuesday denounced U.S. strikes a day earlier as a sign of “bad faith and unreliability” as negotiations continue toward a possible deal to end the war.
The United States is close to reaching a deal with Iran that would end the war, reopen the Strait of Hormuz and see Iran give up its stockpile of highly enriched uranium, regional officials told The Associated Press on Sunday, though U.S. President Donald Trump said he told representatives “not to rush into a deal.”
Not even during past wars, the 911 aftermath, the Great Recession, and the COVID pandemic have Americans felt this negative about the U.S. economy.
Iranian Revolutionary Guard members now regularly show the public in Tehran how to handle Kalashnikov-style assault rifles.
The 30-year U.S. Treasury yield has hit its highest level in 19 years.
