Oil Prices Soar Amid Mideast Turmoil and Trump's Dire Warning for Iran

Oil prices continue to rise amidst escalating tensions in the Middle East.

A proposed de-escalation plan by Iran's President Masud Pezeshkian has been met with skepticism, despite the fact that it would see a return to compliance with a memorandum of understanding agreed upon with US Vice President Vance and his negotiating team.

The proposal comes after Donald Trump labeled Iran 'a failed nation' and 'dead', citing its lack of military capabilities, currency, and ability to pay its soldiers or police.