“Iran really wants to make a deal, and it will be a good one for the U.S.A. and those that are with us,” argued Trump, who has reportedly sent back changes to a proposed deal intended to extend the cease-fire and reopen the Strait of Hormuz.
Trump accused Democrats and some “seemingly unpatriotic Republicans” of “negatively chirping” amid the negotiations, telling them to: “Just sit back and relax. It will all work out well in the end—it always does.”
Oil and gas prices rise as U.S. and Iran trade strikes
Oil prices saw a spike on Monday morning following the renewed exchange in strikes.
The price of Brent crude oil jumped by around 3% on Monday to $94.4 per barrel, up from just over $91.6 per barrel at closing time on Friday.
Iran’s continued choke hold over the Strait of Hormuz, a crucial waterway through which around a fifth of global oil production flows, has caused major market instability and prompted a global energy crisis.
