PiCK

Trump Says Ceasefire With Iran May Be Broken

Source
JH Kim

Summary

  • President Donald Trump raised uncertainty over whether to maintain the ceasefire with Iran.
  • Markets are focused on how a possible breakdown of the ceasefire could affect Middle East risk and the energy market.
  • Future progress in negotiations and military responses remain the key variables.

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President Donald Trump raised fresh uncertainty over whether a ceasefire with Iran will hold, fueling concern that tensions could flare again.

On May 30, Trump said, according to Walter Bloomberg, "I don't know if there is a need to break the ceasefire. We could do that."

The comments suggested the ceasefire currently in place may not last.

The US and Iran remain in a ceasefire even as military tensions and maritime blockade measures continue.

Markets are watching how a potential collapse of the ceasefire could affect Middle East risk and energy markets. Progress in negotiations and military responses remain the key variables.

Photo: Shutterstock
Photo: Shutterstock
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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