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Trump: US Ceasefire With Iran Is 'Over'

Geopolitics & WarSanctions & Export ControlsEnergy Markets & PricesTrade Policy & Supply Chain
Trump: US Ceasefire With Iran Is 'Over'

Trump said the tentative US ceasefire with Iran is "over" after the US launched a new wave of strikes and revoked a waiver that had allowed Iranian oil sales. The change raises immediate escalation risk and increases the likelihood of tighter Iranian crude availability and higher energy price pressure.

Analysis

Trump said the tentative US ceasefire with Iran is "over" after the US launched a new wave of strikes and revoked a waiver that had allowed Iranian oil sales. The change raises immediate escalation risk and increases the likelihood of tighter Iranian crude availability and higher energy price pressure.

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