Trump threatens to cancel ceasefire if Hamas does not release all hostages:
- Trump has warned that if Hamas does not release all Israeli hostages by midday Saturday, he will push to cancel the Israel-Hamas ceasefire and allow military action to resume
- “If all of the hostages aren’t returned by Saturday at 12 o’clock, I’d say cancel it and all bets are off—let hell break out”
- also suggested withholding aid to Jordan and Egypt if they refuse to accept Palestinian refugees displaced from Gaza.
The fragile Israel-Hamas ceasefire brokered last month is now under threat. Hamas announced on Monday that it would stop releasing hostages, accusing Israel of violating the agreement. With rising tensions and Trump’s ultimatum, the possibility of renewed military action in Gaza looms large.
Oil markets are sensitive to developments in the Minddle East.
Oil rose on Monday:
This article was written by Eamonn Sheridan at www.forexlive.com.
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