Trump said he might need to break the Iran ceasefire agreement.
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Trump says the temporary ceasefire agreement between the US and Iran has ended.
BlockBeats reported on July 8 that US President Trump stated that the temporary ceasefire agreement he reached with Iran had ended, increasing the possibility of a renewed military conflict between the two countries. "For me, I think it's over," he said at the annual NATO summit on Wednesday. "As far as I'm concerned, it's just a waste of time." Trump's remarks came shortly after the US launched a new wave of strikes against Iran and revoked waivers allowing the sale of Iranian oil. These actions were a response to the recent attacks on ships in the Strait of Hormuz, bringing new volatility to energy markets and testing the already fragile peace agreement between the US and Iran. Trump stated, "I don't want to deal with them, but they're scum. You know what scum is? They're scum. They're sick people, led by sick people, they're vicious and violent people, and if they had nuclear weapons, they would use them." However, Trump indicated he would not prevent negotiators from continuing contact, although he expressed pessimism about this strategy. He said, "They have problems, they're crazy. They can talk, but I think they're wasting their time." (Jinshi)
US media reveals inside story of the US-Iran ceasefire agreement: The Iranian president and central bank governor jointly urged the Supreme Leader to "sign it quickly."
According to a report by The New York Times on July 4th, citing four officials familiar with the details of the meeting, Iranian President Pezechzian visited Supreme Leader Mojtaba Khamenei during the final stages of negotiations when Khamenei hesitated to approve the preliminary ceasefire agreement. The Iranian president told the Supreme Leader that the economic situation was dire, the US naval blockade was strangling Iran, and he would resign if he rejected the agreement. Furthermore, the Governor of the Central Bank of Iran, Abdulnaser Hemmati, also wrote to Khamenei, stating that the country faced a severe budget crisis and that critical food and medical supplies would run out by the end of August if the naval blockade continued. Hemmati explained in the letter that Iran could not sell oil on the required scale or find alternative trade routes. These statements played a crucial role in Mojtaba's eventual decision to support the agreement. In a brief public statement, he stated that although he opposed the agreement "in principle," he instructed the president to proceed if he obtained the support of the Supreme National Security Council. Pezechzian stated that the council approved the agreement by 12 out of 13 votes.
The Dutch AEX index fell 0.35% after Trump said the ceasefire with Iran had ended.
According to ChainCatcher, Gate market data shows that the Dutch AEX index fell 0.35% as US President Trump stated that the ceasefire with Iran had ended.
Trump did not mention terminating the interim Iran agreement again during the NATO summit.
According to market sources, Odaily Odaily reports that Trump did not mention terminating the interim Iran nuclear deal during the NATO summit, nor did he reiterate his criticisms of Spain. (Jinshi)
Following the "end" of the US-Iran ceasefire, cryptocurrency and stock markets experienced widespread declines.
PANews reported on July 8th that, according to CoinDesk, the US launched airstrikes against Iranian Islamic Revolutionary Guard Corps ships, and Iran subsequently attacked Kuwait and Bahrain. US President Trump announced the "end" of the ceasefire with Iran, calling the negotiations "meaningless," causing a sharp drop in global risk appetite. Bitcoin and Ethereum fell by more than 2%, the CoinDesk 20 index fell by nearly 3%, and Nasdaq 100 and S&P 500 futures fell by about 1.5% at one point. In the crypto derivatives market, BTC futures open interest declined slightly, while ETH triggered approximately $90 million in long position liquidations during the price drop. Overall, the 24-hour crypto market saw approximately $450 million in liquidations, of which approximately $350 million came from Altcoin trading pairs. Altcoins generally fell, and Solana erased all gains since July.
Trump: I am a successful trader, and I am not on the same side as the Iranians.
Odaily Odaily reports that US President Trump stated he is a successful trader. When discussing Iran, Trump said, "When I dealt with the Iranians, I found they weren't on my side." (Jinshi)