Trump warns Iran to 'get moving FAST' on peace deal as Middle East tensions escalate
President Trump posted urgent warnings to Iran on social media, stating the ceasefire is "on life support" and demanding immediate action on peace negotiations as tensions mount over the Middle East conflict.
Trump's Warning
Asia-Pacific markets fell Monday as investors weighed renewed geopolitical tensions after U.S. President Donald Trump warned Iran to "get moving, FAST," raising fears of further escalation in the Middle East and potential disruptions to global oil supplies. In a post on Truth Social, Trump said "the Clock is Ticking" for Iran and warned there "won't be anything left" if action was not taken soon, but did not elaborate on the steps he wanted Iran to take or the consequences that could follow.
Market Impact
Oil prices advanced more than 1%, with International benchmark Brent crude futures for July gaining 1.90% to trade at $111.34 per barrel and U.S. West Texas Intermediate futures for June advancing 2.17% to $107.71 per barrel.