Trump declared ceasefire with Iran over and announced US attacks on 80 targets. The oil market jumped due to increased tension between the NATO summit and the fear of war in the world deepened.
Trump Iran Ceasefire: There was silence in the ongoing NATO summit in Ankara, the capital of Turkey, when US President Donald Trump made a very sensational and dangerous announcement. Enraged by the continuous attacks on oil tankers in the Strait of Hormuz, Trump has declared the ongoing fragile ceasefire with Iran completely over. Sitting next to NATO Secretary General Mark Rutte, Trump told reporters in a very harsh tone, “In my opinion, this agreement is now completely over and I don’t want to talk to them anymore.” Describing Iran’s leadership as ‘bad and sick people’, Trump compared them to a ‘cancer’ that needs to be immediately cut out and removed from the body. The Islamabad Peace Agreement (MoU), with which the world took a sigh of relief just a few weeks ago on June 17, is now buried in the debris of history.
American gunpowder kept raining throughout the night…more than 80 locations destroyed, complete blockade on oil sales
Behind this anger of Trump is the secret and destructive military operation of the US Army that started on Monday night, which shook Iran. The US Central Command (CENTCOM) has confirmed that Washington has carried out massive airstrikes on more than 80 strategic targets inside Iran. In this operation, Iran’s advanced air defense system, coastal radar sites and more than 60 small fighting boats of the Islamic Revolutionary Guard Corps (IRGC) were reduced to debris. Just before this attack, the US Treasury had completely banned the sale of Iranian oil, which was the most important condition of the previous agreement. America has made it clear that the time for talks is over and action has begun.
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“I’m number one on their hit list!” Trump’s claim that surprised the intelligence agencies
The suspense in the corridors of the NATO summit deepened when Trump made a huge and scary claim about his life. Trump revealed to reporters that he is currently the “number one” target on the Iranian regime’s ‘hit list’. The US President said, “They want to completely eliminate the American leader, that is, me. I am on every list of theirs and I guess so far I have just been lucky.” It is noteworthy that recently, during the funeral of former Supreme Leader of Iran Ayatollah Ali Khamenei, slogans of killing Trump were openly raised, after which American intelligence agencies are on high alert.
Trump attacked his own people! Called ‘NATO’ helpful and threatened to end trade relations with Spain
In this war against Iran, the American President’s anger erupted not only at his enemies but also at his own allies. Trump sharply criticized NATO allies and said that he is extremely angry with this alliance because NATO did not support America in the case of Greenland and withdrew from helping America and Israel in the war against the number one country promoting terrorism (Iran). Trump also expressed deep displeasure that the United States has to “pay more than necessary” to bear the burden of NATO. Not only this, after the bitter controversy over the defense budget and non-cooperation in the Iran war, Trump gave a big warning from the stage itself to immediately stop all trade transactions with Spain.
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Outcry in global markets: Rise in prices of crude oil and gas, is ‘black winter’ coming?
This one announcement by Trump has caused havoc in the stock markets and energy markets around the world. Brent crude oil prices in the international market immediately jumped by more than 5% to cross $78 per barrel, ending the relief of the last two weeks. Natural gas prices in Europe also rose more than 5% to above €49 per megawatt-hour. This surge has raised lines of worry on the forehead of European countries, as they were trying to fill gas stocks for the winter and now their expenses will increase manifold. Talking about stock markets, Britain’s FTSE100 suddenly fell by 1.4%, while France’s CAC fell by 1.6% and Germany’s DAX fell by 1.9%. Investors got scared and rapidly sold government bonds, pushing the 10-year US Treasury yield to 4.57%, the highest level since May.
Is the path of peace over?
While talking to journalists at the NATO summit held in Ankara, Trump clearly said that now he does not want to have any kind of talks with Iran. He launched a scathing attack on the Iranian leadership, saying that they are “dangerous and sick people” and that negotiating with them is a waste of time. It is noteworthy that on June 17, an interim agreement (MoU) was signed between America and Iran, under which both the countries agreed to stop the conflict and continue negotiations for 60 days for a permanent peace agreement. But after recent events, Trump indicated that that agreement is no longer considered effective.
What did Germany say?
Amidst this increasing global tension, Germany has also taken a very important and strong stand in this dispute. German foreign affairs expert Johann Wadefull, speaking to German broadcaster NDR Info, has completely “justified” the latest attacks by the US on Iran. “Iran now really needs to recognize that serious negotiations are necessary and keep the Strait of Hormuz free for international shipping, which Iran has largely blocked,” Wadeful said. However, while Trump has described the talks as a complete ‘waste of time’, Germany still hopes that this could just be a last-ditch effort (Power Play) by the two superpowers before real talks begin. But the question remains the same – will this fire in the sea cause the third world war?