WorldTrump Rejects Iran Truce as War Escalates

Name: Trump Rejects Iran Truce as War Escalates
Uploaded: 2026-08-18T06:40:45.000Z
Description: The US-Iran truce collapses after President Trump rejects an extension and says he is in no hurry to end the war. The US and Iran continue to assert control over the Strait of Hormuz, where a blockade is disrupting energy flows and pushing Brent crude above $90 a barrel. US Treasury yields surge, triggering a bond selloff and pulling Asian bonds lower.

The US-Iran truce collapses after President Trump rejects an extension and says he is in no hurry to end the war. The US and Iran continue to assert control over the Strait of Hormuz, where a blockade is disrupting energy flows and pushing Brent crude above $90 a barrel. US Treasury yields surge, triggering a bond selloff and pulling Asian bonds lower.

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Bloomberg Television 2026-08-18 06:40