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newsApr 29, 20261:34

Trump Warns Iran: Nuclear Program or Consequences

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President Trump issues a stern warning to Iran, urging them to abandon their nuclear program or face severe consequences. He shares an AI-generated image of himself amid chaos, signaling no more leniency. Meanwhile, the US is intensifying an extended blockade to cripple Irans economy, causing oil prices to surge. Irans defense ministry calls US demands illegal, while Secretary of State Marco Rubio praises their latest proposal but insists any deal must fully block a nuclear sprint. Treasury Secretary Scott Bessent reveals Iran could lose $170 million daily in oil revenue once storage maxes out, with inflation doubling and their currency plummeting from targeted sanctions. Trump claims Iranian officials admit theyre in collapse and want the Strait of Hormuz opened ASAP to alleviate the pressure. With oil benchmarks breaking recent highs and negotiations at a standstill, this standoff shows no signs of resolution.

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Trump Warns Iran: Nuclear Program or Consequences

UK News Today | 2 Min News | The Daily News Now!

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UK News Today | 2 Min News | The Daily News Now!Trump Warns Iran: Nuclear Program or Consequences. Machine-transcribed; use the interactive transcript above to jump the player to any line.

0:00On April 29, President Trump just dropped a strong warning to Iran on truth social, urging them to get serious about ditching their nuclear program, or face the consequences. He shared an AI-generated image of himself, geared up amid chaos, signaling no more playing nice. This comes as all prices surge, with Brent Crude hitting $115 a barrel and West Texas Intermediate topping $103. Meanwhile, the U.S. is wrapping up an extended blockade to squeeze Iran's finances and weaken their negotiating power. Officials say it's already crippling their economy, forcing them to stockpile unsold oil with storage limits looming on Card Island, which handles 90% of their exports. Reactions are heating up on both sides. Iran's defense ministry called U.S. demands illegal, while Secretary of State Marco Rubio praised their latest proposal, but stressed any deal must fully. Block a nuclear sprint. Qatar warned of a potential frozen conflict of talkstall further.

1:02New details show the pressure mounting fast. Treasury Secretary Scott Besson says Iran stands to lose $170 million daily in oil revenue once storage maxes out with inflation doubling and their currency tanking from targeted sanctions on shadow banking and proxies. Trump claims Iranian officials admit they're in collapse and want the straight-of-war moves open ASAP to ease the pain. With oil benchmark breaking recent highs and negotiations grinding on, this standoff shows no quick end in sight.

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