In a follow-up message, the U.S. President claimed both sides “are looking to do an immediate cease-fire.”
He added that the U.S. blockade of Iranian ports in the Strait of Hormuz will remain in place until a deal is finalized.
Over the weekend and continuing into Monday morning, Israel and Iran engaged in the worst exchange of strikes since the fragile cease-fire came into effect in April.
Iran's Islamic Revolutionary Guard Corps (IRGC) said it had retaliated by launching strikes on a petrochemical plant in Haifa, northern Israel, according to a statement delivered by Iran’s semi-official Tasnim news agency.
The course of action came just days after Hezbollah, an Iran-backed Shi‘ite Muslim group, rejected a cease-fire proposal agreed upon by Israel and Lebanon in U.S.-led negotiations.
The continued exchange of fire between Israel and Hezbollah, and now the involvement of Iran, casts a shadow over the progress of Washington-Tehran peace negotiations.
Esmaeil Baghaei, Iran’s Foreign Ministry spokesperson, on Monday said that Tehran was speaking with Washington amid an atmosphere of extreme suspicion.
“It is really important that all parties get back to a cease-fire. There are serious negotiations going on, towards a lasting peace,” said British Prime Minister Keir Starmer in a statement shared with TIME.
U.K. Foreign Secretary Yvette Cooper delivered a similar warning, stating that “the resumption of conflict between Iran and Israel is in no one’s interest. Both sides must show restraint and de-escalate immediately.”
Spanish Foreign Minister José Manuel Albares condemned the breakdown of the already fragile cease-fire.
Canadian Foreign Minister Anita Anand also encouraged “a return to dialogue to advance a diplomatic solution,” indicating only that can lead to a “lasting peace, regional stability, and indeed global security.”
She advocated for “stopping this war right now, opening the Strait of Hormuz, and then using the time for longer discussions when it comes to the more difficult topics like nuclear.”
Oil prices soar amid renewed hostilities
The fresh wave of attacks between Israel and Iran once again pushed oil prices up sharply on Monday morning. Brent crude oil soared to $97.8 per barrel, up from $92.9 per barrel at closing time Friday.
In the U.S., the price of gasoline has risen significantly since the start of the war, sitting at a national average of $4.16 per gallon on Monday, according to the American Automobile Association—up from $2.98 per gallon before the conflict.
Trump has received criticism over the rising costs which land during an affordability crisis in America. But in an interview with NBC’s Meet the Press on Sunday, the President again doubled down on his long-argued response that once the Iran war has reached “completion,” then “the oil will go down.”
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