Trump: The United States does not seek to extend the memorandum of understanding with Iran.
1 hours ago
US President Donald Trump has stated that the United States is not currently seeking to extend its memorandum of understanding (MOU) with Iran. Trump noted that Iran wants to reach an agreement but will not accept what he views as the "necessary" terms of such a deal. He also reiterated his earlier proposal to declare the Strait of Hormuz as US territory, and reaffirmed America’s control over the strategic waterway. Trump further claimed that the Strait of Hormuz remains open, and oil prices are trending lower.
South Korea's stock index opened more than 2% higher.
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The US and Iran remain in a stalemate, the three major U.S. stock indexes closed lower, and Bitcoin posted a minor gain.
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