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US President Donald Trump said on July 8, 2026, that the interim ceasefire with Iran is effectively over, calling further negotiations "a waste of time." His remarks came during the NATO summit in Ankara following renewed US military strikes and escalating tensions in the Middle East.
The US-Iran peace deal could influence Middle East security, global oil prices, and international trade routes. Ongoing diplomatic efforts, tensions around the Strait of Hormuz, and regional ceasefire discussions are making the negotiations one of the most closely watched geopolitical developments of 2026.
