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President Trump has declared the American cease-fire with Iran is on "life support," and investors are taking a cautious approach as the lack of progress in peace talks weighs on the markets.
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Despite claiming that Iran's military is defeated and that Washington "has all the cards" in the conflict, Trump has yet to force Tehran to come to a deal.
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Trump said Sunday that Iran's response to his latest proposal was "TOTALLY UNACCEPTABLE!" Ending the U.S. blockade before discussing Iran's nuclear program would eliminate a major point of leverage.
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Asia-Pacific markets trade mixed as investors weighed fresh doubts over the fragile U.S.-Iran ceasefire.
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Oil prices rose Tuesday amid concerns over a prolonged Middle East conflict after President Trump's comments that the ceasefire with Iran is on "life support"
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Trump rejected Iran's response to a U.S. peace proposal, calling it "totally unacceptable." And, Congressional Republicans are trying to push for three years of funding for immigration enforcement.
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One man is dead following a shooting in the parking lot of the North Hill Co-op in the city's northeast on Monday.
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