President Trump announced that the ceasefire agreement with Iran has been effectively broken, strongly criticizing Iran as "garbage." While recent military clashes between US forces and Iran in the Strait of Hormuz have reignited tensions, President Trump did not rule out further negotiations with Iran but expressed distrust by stating that "negotiations are a waste of time." He also criticized NATO allies who do not actively support the United States, specifically demanding a trade embargo against Spain for refusing to increase defense spending. President Trump's tough stance on Iran has caused international oil prices to rise by more than 5%.
