Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
US President Donald Trump says Iran must make deal or face renewed attacks

US President Donald Trump says Iran must make deal or face renewed attacks

FXStreetFXStreet2026/05/12 23:48
By:FXStreet

US President Donald Trump said that “we have Iran very much under control.” But also reiterated that “we’re either going to make a deal, or they’re going to be decimated,” the New York Times reported on Tuesday.

Meanwhile, Iran’s deputy foreign minister Kazem Gharibabadi stated that Iran’s position was that any peace deal must include reparations for Iran, Iranian sovereignty over the Strait of Hormuz and an end to US sanctions.

Market reaction

At the time of writing, the West Texas Intermediate (WTI) is down 0.31% on the day at $98.35.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!