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President Donald Trump on Tuesday warned that the U.S. military is raring to go and bomb Iran again, adding that they are prepared to launch another offensive if needed. This comes even as Washington pushes for a peace deal with Tehran.
During an interview with CNBC, President Trump added that Iran has no choice but to make a deal with the U.S., while stating that the United States is “going to end up with a great deal” with Iranian negotiators.
“I expect to be bombing, because I think that’s the better attitude to go in with… but we’re ready to go, I mean, the military is raring to go. They’re absolutely incredible,” he said.
President Trump added that he does not want to extend the ongoing ceasefire with Iran, while touting the success the U.S. has had with taking out Iran’s navy, air force, as well as the leaders.
“Iran can get themselves at a very good footing if they make a deal. They can make themselves into a strong nation again, a wonderful nation again. They have incredible people,” he said, while criticizing the country’s leadership. Trump called on the Iranian negotiators to use reason and common sense to strike a deal with the U.S.
The U.S. President added that he thinks the U.S. is in a very strong negotiating position to do what other presidents should have done in the 47-year period when Iran killed a lot of the soldiers of the United States.
“We’ve taken out their leaders, frankly, which does complicate things in one way, but these leaders are much more rational. It is regime change, no matter what you want to call it, which is not something I said I was going to do, but I’ve done it indirectly,” he added.
Trump also stated that while it was not his choice to threaten to bomb Iran’s electricity grid and bridges, Iran tried to move its missiles during the ceasefire period through these bridges.
Meanwhile, crude oil prices edged lower on Tuesday. U.S. West Texas Intermediate (WTI) crude futures expiring in June were down nearly 1%, hovering around $87 a barrel. Brent crude futures expiring in June fell 1% to hover around $95 a barrel.
The United States Oil Fund ETF (USO) edged up by 0.1% at the time of writing, while the ProShares Ultra Bloomberg Crude Oil ETF (UCO) gained over 1%.
President Trump stated that while the blockade of Iranian ports during the ceasefire was a tremendous success, the U.S. caught Iran trying to restock its ammunition during this period.
“We caught a ship yesterday that had some things on it which wasn’t very nice… a gift from China perhaps, I don’t know. But I’m really surprised… very good relationship and I thought I had an understanding with President Xi,” he added.
Meanwhile, U.S. equities gained in Tuesday’s opening trade. At the time of writing, the SPDR S&P 500 ETF (SPY), which tracks the S&P 500 index, was up 0.21%; the Invesco QQQ Trust ETF (QQQ) rose 0.2%; and the SPDR Dow Jones Industrial Average ETF Trust (DIA) gained 0.54%. Retail sentiment on Stocktwits regarding the S&P 500 ETF was in the ‘extremely bullish’ territory.
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