Trump Rejects Iran Ceasefire Extension, Emphasizes Strong US Bargaining Position
US President Donald Trump said he does not want to extend the ceasefire with Iran in an interview with CNBC, signaling the shrinking diplomatic space ahead of the deal deadline. Trump said the US is in a very strong negotiating position and indicated Washington is targeting a more favorable outcome.
Trump also stated that Iran has “no choice” but to send representatives to the latest round of talks. The statement reiterated his maximum-pressure approach, amid uncertainty over whether the dialogue process can produce a breakthrough before the ceasefire expires.
In comments that could have immediate implications for energy and logistics markets, Trump hailed the blockade as successful and claimed the US is “in complete control” of the Strait of Hormuz. The strait is a vital route for global oil trade, so changes in its security status and risky shipping flows are quickly reflected in energy prices and shipping risk premiums.
Markets are now monitoring whether tensions escalate as the ceasefire deadline approaches, including the direction of further talks and the state of shipping traffic in Hormuz. Key variables being monitored by market participants include the continuation or termination of the ceasefire, signals of readiness on both sides to compromise, and any indications of changes in blockade operations that could impact energy supply and inflation expectations.
*Please note, Trump's speech is currently ongoing (gn)*
Source: Newsmaker.id
