President Donald Trump said the US ceasefire with Iran is on “massive life support” after rejecting what he called Tehran’s “unacceptable” counter-proposal to end the war. Some of his aides are reportedly more seriously considering resumption of major combat operations. Crude oil rose 3% to near $100/barrel; US average gas is now $4.50/gallon.
What Trump Said
- Ceasefire is on “massive life support”
- What remains of the truce is “unbelievably weak”
- Trump rejected Iran’s latest proposal as “unacceptable”
- Statement made Monday 11 May ahead of his planned Beijing visit with Xi Jinping
Inside The Administration
- Some Trump aides now more seriously considering resumption of major combat operations
- Sanctions imposed on 12 companies + individuals facilitating Iran-to-China oil shipments
- Move comes just days before the Trump-Xi summit in Beijing
- State Department coordinating regional response
Market Impact
- Crude oil up 3% to near $100/barrel
- US average gas now $4.50/gallon
- April CPI release (today) expected to reflect energy-price pressure
- South Korea’s Kospi up 4.7% to record
Why It Matters
- End of the month-old truce window would re-open kinetic combat in the Middle East
- Oil + inflation feed-through hits OECD and African economies alike
- Trump-Xi summit talks set to address Iran sanctions enforcement
- Watch CPI print today + any administration follow-up statements
Follow Vibes Uncut Media for continuing Iran coverage.
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