President Donald Trump said the ceasefire between the United States and Iran was over, and he warned that American forces would strike again. Speaking at the NATO summit, he told reporters the two sides could still hold talks but described the diplomatic track as a possible waste of time.

The comments followed a renewed exchange of hostilities. Attacks on vessels in the Strait of Hormuz preceded a fresh round of U.S. strikes on Iran, and Trump said American forces would "hit them hard again tonight." He referred to Iran's leadership using the word "scum," while saying negotiations with Tehran could continue.

The status of the agreement between Washington and Tehran, which several outlets described as a memorandum of understanding, was left in question by the exchange. Trump said the arrangement was finished. He added that the United States would "probably" strike Iran again, leaving open both the prospect of further military action and the possibility of renewed diplomacy.

In Tehran, the response was pointed. Iranian state media said the country should begin "burning" the ceasefire agreement in the wake of Trump's remarks. Reports also described Iranian bombing directed at neighboring areas following the strikes near the Strait of Hormuz, a narrow waterway that carries a large share of the world's seaborne oil.

The developments moved financial markets quickly. Brent crude climbed to a two-week high as traders weighed the risk of wider disruption to shipping through the strait. On Wall Street, the Dow, the S&P 500, and the Nasdaq fell as oil surged and investors absorbed the prospect of renewed conflict.

The Strait of Hormuz sits at the center of the concern. It connects the Persian Gulf to the open sea, and any sustained threat to traffic there tends to ripple through global energy prices. The reported attacks on vessels there, and the U.S. strikes that followed, sharpened questions about how far the confrontation might extend.

Trump made his remarks as the NATO summit wrapped up. His statements combined a declaration that the ceasefire had collapsed with a warning of additional force and a signal, however qualified, that talks were not entirely foreclosed. Iranian officials, through state media, framed the moment as a break with the agreement.

As of the latest reporting, the two governments had not announced any resumption of formal negotiations, and the scope of further military action remained unclear.

References

1. 1.CNBC — Trump saying the ceasefire is 'over' and that the U.S. will 'hit them hard tonight'
2. 2.Independent — Trump's threat to strike Iran 'hard again tonight' at the NATO summit
3. 3.Times of Israel — Trump calling the Iran MOU over, referring to Tehran as 'scum,' and saying talks can continue
4. 4.Axios — Trump calling talks a 'waste of time' and U.S. strikes following attacks on vessels in the Strait of Hormuz
5. 5.Boston Globe — Trump saying the U.S. will 'probably' strike Iran again
6. 6.Washington Examiner — Iranian state media saying the country should start 'burning' the ceasefire agreement
7. 7.Breitbart — reports of Iranian bombing of neighbors following Strait of Hormuz strikes
8. 8.Al Jazeera / MarketWatch — Brent crude reaching a two-week high after Trump's comments
9. 9.Axios — oil prices jumping after the ceasefire comments
10. 10.Yahoo Finance — Dow, S&P 500, and Nasdaq falling as oil surged
11. 11.NPR — Trump saying the ceasefire is 'over' as the NATO summit wrapped
12. 12.NeutralNews — Trump saying the ceasefire is 'over' after new strikes and attacks in the Strait of Hormuz