Trump says Iran will be bombed at a 'much higher level' if it doesn't agree to peace deal

President Trump stated that Iran would be bombed at a much higher level if it doesn't agree to a peace deal, escalating tensions amid ongoing negotiations between the U.S. and Iran. This comes as stock indices jumped and oil prices plummeted, signaling a potential end to the ongoing war. The prospect of a peace agreement has fueled speculation about the Strait of Hormuz reopening.