Trump Rejects Iran Truce Extension as Oil Tops $90

By Courtney Subramanian and Catherine Lucey (Bloomberg) — The prospects for peace in the Middle East suffered a fresh setback, with President Donald Trump saying he’s not interested in extending the expiring agreement with Iran and fighting flaring anew in Lebanon. 

Asked whether he would seek an extension of the memorandum of understanding signed in June — which technically expires Monday — Trump told reporters, “No.” That truce was meant to give Washington and Tehran a window to reach a more lasting peace deal within 60 days.

As the Iran war approaches the six-month mark and tensions over the re-opening of the