US President Donald Trump says he won’t restart all-out war with Iran unless US troops are killed
US President Trump has told aides that he would consider ending the ceasefire with Iran if Tehran kills US troops, the Wall Street Journal reported on Thursday. Trump insisted that the weekslong pause in airstrikes remains intact despite a steady stream of violent skirmishes.
Trump said in a New York Post interview that the blockade lasting until Labor Day is unlikely but possible, effectively extending the market's timeline for a Hormuz reopening.
Market reaction
At the time of writing, the West Texas Intermediate (WTI) is up 1.70% on the day at $93.25.
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