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US President Donald Trump sent conflicting signals on the prospect that talks with Iran would bring a halt to the nearly month-long war, further roiling global energy markets.“I say they’re lousy fighters, but they’re great negotiators, and they are begging to work out a deal,” Trump said Thursday during a Cabinet meeting at the White House.
“I don’t know if we’ll be able to do that. I don’t know if we’re willing to do that,” he said, and separately threatened to intensify military action if talks failed.
Asked whether his five-day deadline for a deal would be extended, the US president was blunt: “I don’t know yet.”Trump said special envoys Steve Witkoff and Jared Kushner, as well as Vice President JD Vance “will tell me whether or not they think it’s going along.” He added “we have a lot of time” before the deadline, issued Monday morning in Washington, expires.
“It’s a day. In Trump time, a day, you know what it is? That’s an eternity,” he added.
Oil prices surged, with optimism fading of a quick resolution to the conflict. Brent crude climbed 6% to more than $108 a barrel, while stocks and bonds fell worldwide.
Today's show features:
- Michelle Jamrisko, Bloomberg News White House and National Security Editor on latest from US war with Iran
- Len Tannenbaum, Founder of Tannenbaum Capital Group (TCG), on private credit and real estate credit markets
- Amy Rubenstein, CEO at Clear Investment Group on real estate market
- Axel Merk, President and Chief Investment Officer at Merk Investments on the Gold Market
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