Trump on Truth Social:The United States of America is in serious discussions with A NEW, AND MORE REASONABLE, REGIME to end our Military Operations in Iran. Great progress has been made but, if for any reason a deal is not shortly reached, which it probably will be, and if the Hormuz Strait is not immediately “Open for Business,” we will conclude our lovely “stay” in Iran by blowing up and completely obliterating all of their Electric Generating Plants, Oil Wells and Kharg Island (and possibly all desalinization plants!), which we have purposefully not yet “touched.” This will be in retribution for our many soldiers, and others, that Iran has butchered and killed over the old Regime’s 47 year “Reign of Terror.” Thank you for your attention to this matter. President DONALD J. TRUMP
Nice words followed by the usual threat of blowing up everything if a deal isn’t reached. The algos reacted positively to the first line but the moves are now getting faded as this is likely another attempt to jawbone oil prices and stop the stock market bleeding.
As a reminder, Trump’s “ceasefire” expires on April 6, which is next Monday.
This article was written by Giuseppe Dellamotta at investinglive.com.