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The price of oil surged more than 5% early Wednesday after President Donald Trump said the U.S. ceasefire deal with Iran was "over," and the United States was planning additional strikes.
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The president was asked about the ceasefire after an escalation of fighting in the Middle East.
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President Donald Trump announced "major combat operations" against Iran on Feb. 28, with massive joint U.S.-Israeli strikes.
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The president declared an end to the truce at a NATO summit in Turkey after the U.S. and Iran exchanged dozens of strikes overnight, raising the prospect of major renewed hostilities.
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President Trump said he believes the current ceasefire with Iran is over following an exchange of attacks between the U.S. and Iran in the latest escalation straining the agreement to end the war.
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Treasury yields surged after President Donald Trump told the NATO summit that the ceasefire with Iran is over.
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Denmark has vowed to defend its territory after President Trump insisted the U.S. should control Greenland
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It was a dramatic departure from Trump's more acerbic tone toward Ukrainian President Volodymyr Zelensky, whom he once derided as ungrateful.
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Within hours of a court of appeal confirming a guilty verdict, Marine Le Pen had already launched her presidential campaign.
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