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Why Is ExxonMobil Stock Gaining Tuesday?
Trump: No rush to end Iran conflict; warns of 'heavy bombing' if Oman hinders negotiations, as Iran signals shift to all-out offensive
The 60-day negotiation window under the US-Iran ceasefire agreement expired on August 17. Trump stated that he would not extend the memorandum of understanding, asserting there is "no timetable" for resolving the Iran issue and demanding that Iran "surrender unconditionally," while acknowledging that Iran "will not reach the kind of agreement he deems necessary." Iran, in turn, warned that it would impose a naval blockade on the United States and carry out precise military strikes if diplomatic efforts failed. US Special Envoy Jared Kushner described communications with Iran as "positive and productive," but acknowledged that the two sides had "not yet reached a consensus."
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Express News | Trump: The U.S. is not seeking to extend the memorandum of understanding with Iran
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