Donald Trump has forcefully declared the fragile ceasefire between the US and Iran completely dead during a press appearance at the Nato summit in Ankara this morning, sending global oil prices sharply higher. The US president abandoned all diplomatic restraint to launch a blistering attack on Iranian leadership, whom he labelled as sick and incapable of maintaining agreements.
The news came after Washington and Tehran traded military strikes overnight. That sudden escalation immediately strained a memorandum of understanding agreed upon just last month, effectively dismantling the diplomatic efforts that had briefly calmed regional tensions.
