Keep pulling the thread on Iran Weigh Truce Extension.
The United States and Iran are in discussions to extend a two-week ceasefire by an additional two weeks.
The U.S. is reportedly sending an additional 6,000 troops to the Middle East, where an estimated 50,000 personnel are already deployed.
U.S. Central Command (CENTCOM) reported turning away nine ships at the Strait of Hormuz, which remains closed.
President Donald Trump stated in an interview with Fox Business that he views the conflict with Iran as "very close to over."
The U.S. previously proposed a 20-year moratorium on uranium enrichment to Iran during discussions in Pakistan.
The Iranian military has stated through state media that it will consider a continuation of the U.S. blockade a violation of the ceasefire.
The U.S. Treasury announced it is considering secondary sanctions on financial institutions that support Iran.
President Trump's policy is that Iran cannot have a nuclear weapon, and in exchange for that commitment, the U.S. would help Iran's economy thrive and integrate into the world economy.
According to Oxford Economics, higher gas prices will cost U.S. consumers a total of $70 billion, exceeding the $60 billion in increased tax refunds.
President Trump's tax bill, signed into law on July 4th of last year, eliminated taxes on tips, overtime, and Social Security for seniors.
The Trump administration has implemented a policy to share taxpayer information with ICE for immigration enforcement, ending a previous "safe harbor" policy.
If the U.S.-Iran ceasefire is not extended, oil prices could surpass $120 per barrel, with prices potentially reaching $200 in the event of physical shortages.