President Donald Trump warned Iran on Wednesday that the United States could resume large-scale military strikes unless Tehran agrees to a new deal, speaking at the U.S. Coast Guard Academy commencement in New London, Connecticut. Behind protective glass, Trump said Iran’s navy and air force were “gone” after Operation Epic Fury, the joint U.S.-Israeli bombing campaign that began on February 28, 2026, and paused under a fragile April ceasefire. He framed the conflict as an unfinished “either-or” moment, vowing Iran would not obtain a nuclear weapon. The speech came amid stalled peace negotiations, high oil prices, and mounting domestic political pressure ahead of November midterms.
Prepared by Lauren Mitchell and reviewed by editorial team.
The Iran conflict affects your wallet. High oil prices mean more expensive gas and home heating. If peace talks fail and conflict resumes, expect prices to rise. Keep an eye on your energy bills.
Trump's ultimatum to Iran is a high-stakes gamble. It could either bring a new deal or escalate tensions further. This is worth watching, especially with November midterms around the corner. Worth forwarding if you know someone feeling the pinch at the pump.
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