Trump Declares US-Iran Ceasefire Over Amid Escalating Tensions
- Trump ends Iran ceasefire after Iran struck ships.
- US retaliates, striking 80 sites in Iran.
- Oil surges 6%, US equities slump on escalation.
US President Donald Trump declared the ceasefire with Iran to be “over” on Wednesday, stating he no longer wished to engage in negotiations with Tehran. Speaking at a news conference on the sidelines of the NATO summit in Ankara, Turkey, Trump’s remarks follow an overnight escalation of hostilities between the two nations. This announcement comes approximately three weeks after a 14-point framework deal, intended to foster peace in the Middle East, had been signed. The President indicated that further diplomatic efforts were a “waste of time,” signaling a significant shift in the US approach to the ongoing tensions. [STORY_ID: 8459b2ee-cde9-49e6-aba2-d1fa0afabc16]
The ceasefire between the US and Iran was declared over after **Iran struck ships in the Strait of Hormuz**. In response, the **US struck 80 sites in Iran**. President Trump made the declaration at the NATO Summit in **Ankara, Turkey**, leading to oil prices surging **6%** and US equity futures slumping.