Trump's Iran MoU 'Over' Remarks Not Necessarily End of Talks, Analysts Say

US President Donald Trump's remarks on Wednesday that the interim memorandum of understanding with Iran was "over" do not necessarily signal the end of negotiations between the two countries, and little should be read into them until more clarity emerges, energy sector analysts told. Speaking ahead of a NATO summit in Turkey, the US president stated that the Pakistan-mediated ceasefire accord is over and called it "a waste of time." This follows an escalation of military actions in the Middle East. On Tuesday, the US Central Command launched a massive wave of retaliatory airstrikes across Iran after three commercial oil tankers were targeted and struck by projectiles in the Strait of Hormuz. Simultaneously, the economic components of the peace accord have been swiftly dismantled. Meanwhile, Iran's Islamic Revolution Guards Corps reportedly struck US military facilities in Bahrain and Kuwait with drones and missiles in retaliation. "I would personally caution against reading too much into the comments just yet," said Nader Itayim, Mideast Gulf Editor at Argus Media. "Yes, this is some of the strongest language that we've heard from Trump, and yes, the comments followed the.