Uploaded August 2026 | Updated September 2026, 2 weeks ago
The prospects for peace in the Middle East suffered a fresh setback, with President Donald Trump saying he’s not interested in extending the expiring agreement with Iran and fighting flaring anew in Lebanon. #trump #iran #news #usa #politics
Asked whether he would seek an extension of the memorandum of understanding signed in June — which technically expires Monday — Trump told reporters, “No.” That truce was meant to give Washington and Tehran a window to reach a more lasting peace deal within 60 days.
As the Iran war approaches the six-month mark and tensions over the re-opening of the Strait of Hormuz have sparked flare-ups in hostilities, both sides have said the agreement is defunct. Still, Trump insisted on Monday that the US had leverage over Iran, citing the naval blockade of Iranian ports.
Read more: bloomberg.com/news/articles/2026-08-17/trump-threatens-to-bomb-oman-if-it-gets-in-way-of-us-fox-news-msx5rdoc
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The prospects for peace in the Middle East suffered a fresh setback, with President Donald Trump saying he’s not interested in extending the expiring agreement with Iran and fighting flaring anew in Lebanon. #trump #iran #news #usa #politics
Asked whether he would seek an extension of the memorandum of understanding signed in June — which technically expires Monday — Trump told reporters, “No.” That truce was meant to give Washington and Tehran a window to reach a more lasting peace deal within 60 days.
As the Iran war approaches the six-month mark and tensions over the re-opening of the Strait of Hormuz have sparked flare-ups in hostilities, both sides have said the agreement is defunct. Still, Trump insisted on Monday that the US had leverage over Iran, citing the naval blockade of Iranian ports.
Read more: bloomberg.com/news/articles/2026-08-17/trump-threatens-to-bomb-oman-if-it-gets-in-way-of-us-fox-news-msx5rdoc
----------
Like this video? Subscribe youtube.com/@Bloomberg-News
Bloomberg News is the first word in business news. Visit bloomberg.com for the latest on global business, markets and more.
Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: bloomberg.com/subscriptions?in_source=YoutubeOriginals
Bloomberg on YouTube:
youtube.com/@business
youtube.com/@markets
youtube.com/@BloombergTechnology
youtube.com/@BloombergPodcasts
Connect with us on social:
instagram.com/bloombergbusiness
linkedin.com/company/bloomberg-news
tiktok.com/@bloombergbusiness
facebook.com/bloombergbusiness
