Trump says Iran will be bombed ‘at much higher level’ if they don’t agree to peace deal
US President Donald Trump said Iran would be bombed “at a much higher level” if it does not accept the peace deal.
Trump said that if Iran accepts the proposals, the war “will be over”, which means the Strait of Hormuz will be “open to everyone”.
His post on Truth Social comes after markets reacted to Axios’ report that the United States and Iran are close to a deal to end their two-month war.
Exit reported On Wednesday, Washington expects Tehran to respond within the next 48 hours to several key points that will form the basis of a one-page memo.
Oil prices fell sharply in response, while US stock futures, European-listed stocks and global government bonds recovered.
In the Truth Social post, the president warned that if Iran did not agree to a deal, “the bombing will begin and unfortunately it will be at a much higher level and intensity than before.”
Before the post, a Pakistani government official told MS NOW: “The likelihood of a proposal to end the war in the coming days is very high.”
An Iranian Foreign Ministry spokesman told CNBC earlier Wednesday that they were “evaluating” the US’s 14-point peace proposal
Axios reported that the deal would include Iran committing to a moratorium on nuclear enrichment, the United States lifting sanctions on Iran and both sides withdrawing from controls on shipping passages in the Strait of Hormuz.
Most of the terms reportedly depend on the final agreement reached between the delegations of the two countries.
A ceasefire has been in effect since April 7 to allow negotiations between the United States and Iran, but the rupture of hostilities has often appeared fragile.
Earlier this week, Iran attacked US forces helping merchant ships pass through the Strait of Hormuz and launched new attacks on the United Arab Emirates. Meanwhile, the United States said it sank six small Iranian boats that tried to interfere with commercial ships moving in the waterway.
But optimism about an end to the conflict resurfaced on Tuesday when Trump said he was pausing “Project Freedom,” the U.S. military’s operation to remove ships from the Strait of Hormuz.
“Great Progress Has Been Made Towards a Complete and Final Agreement with Iran,” Trump said in his article on Truth Social. to mail.
— CNBC’s Kevin Breuninger contributed to this report.
