WARNING: Trump Just Threatened Iran - Peace Deal Cancelled?
In a Nutshell
Trump threatened Iran with escalated strikes and warned that closing the Strait of Hormuz would lead to the US taking control and collecting tolls, prompting Iran to walk out of peace talks in Switzerland. Iranian President Pezeshkian reaffirmed Iran’s refusal to abandon uranium enrichment, while Trump dismissed the stance and signaled further escalation. Markets are now watching for signs of renewed conflict or a last-minute deal as uncertainty grows.
These notes were generated by AI and may contain inaccuracies.
Supposedly a peace deal was close, but tensions escalated when Iran halted US talks in Switzerland after Trump threatened fresh strikes on Hezbollah's actions in Lebanon. Trump posted on Truth Social: "Iran must immediately stop their highly paid proxies in Lebanon for causing trouble. If they don't, we will hit them very hard again, just like we did last week, only harder." The attacks were expected, with ongoing disputes where Iran claims Israel attacks first while Israel maintains it is responding to Iranian attacks. Trump stated he told Iranian officials they "won't even make it back to Iran" if they close the Strait of Hormuz. Following this threat, the Iranian delegation left the negotiation table in Switzerland in protest. Iran called the threat a violation of the June 18th agreement which bars the use of threat or force.
Iranian President Masoud Pezeshkian stated that Iran will not give up its rights for enrichment and that the US will be forced to accept it. This conflicts with the original reason for the attacks. The US has spent between $70 billion and close to $100 billion. It remains unclear whether this will lead to a peace deal given Iran's continued pursuit of enrichment.
Trump spoke with Fox News for more than 20 minutes, providing new insight on the Switzerland talks and Iranian threats. Trump stated the US may take over the Strait of Hormuz in the future if necessary and collect tolls, describing the United States as the "guardian angel" of the Strait of Hormuz and the Middle East. Trump stated: "we are now calling the United States the guardian angel where we will now collect tolls and up to 20% of the oil that passes through the Strait of Hormuz." This would involve the US taking 20% of the oil passing through the strait. Trump reacted to Iranian threats to close the Strait of Hormuz in response to Israeli strikes against Hezbollah in Lebanon. Trump told Iranian officials overnight: "You close it and you won't have a country" and "you won't even make it back to your effing country."
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