US President Donald Trump has stated that the Memorandum of Understanding with Iran is “over”, adding that dealing with Tehran is a “waste of time.”

Trump made the remarks while speaking at a NATO summit in Ankara, Turkiye.

“We hit them [Iran] very hard last night.I told them that every time you hit, we hit, and, of course, they’re dirty players, so they go after everyone, probably including me. We don’t like them. I don’t like them. They’re evil people, and it’s the denuclearisation of Iran. And we’re going to denuke it.”
Donald Trump

He frequently referred to Iran using derogatory language, before stating “they’re sick people, they’re led by sick people, and they’re vicious, violent people and if they had a nuclear weapon, they’d use it.”

Trump said that he would speak to US envoy Steve Witkoff and his son-in-law Jared Kushner, who have been dealing with Tehran, but insisted it was up to Tehran to return to the table.

Also, the US President accused the Iranians of repeatedly misrepresenting what had been agreed in the ceasefire, stating, “Everyone’s agreed, no nuclear weapon.”

“We make a deal. They go outside, joke to the press, they say we never even talked about it. There’s something wrong with them.”
Donald Trump

His comments come after the US said that it launched “powerful strikes” against Iran following attacks on three ships in the Strait of Hormuz, including Qatari and Saudi tankers.

Additionally, the US President railed against NATO members over what he described as their lack of support for the US during its war with Iran, at the NATO summit in Ankara.

“I’m not happy with NATO because of the fact that they didn’t want to help us with the number one state-sponsored terror, that’s Iran.”
Donald Trump

NATO Chief Mark Rutte, who was sitting beside Trump, said “5,000 planes were taking off from European airports in support” of the US operations in Iran, adding that Europe was “one big platform of power projection for the United States.”

Trump shot back that the UK wouldn’t allow all of its bases to be used, and Italy was “very bad” at supporting the US with bases.

Oil Prices Jump 6 percent As Trump Says Ceasefire With Iran ‘Over’

Oil prices surged and stocks fell after US President Donald Trump said the memorandum of understanding underpinning the ceasefire with Iran “was over” following an overnight exchange of attacks between the two sides.

Brent crude rose 6 percent to $78 a barrel, while European stocks fell 1.6 percent on the day. The dollar strengthened and government bond yields climbed, as investors weighed the risk of a renewed flare-up in inflation.

Meanwhile, the European Union Aviation Safety Agency told airlines that they should not operate within the airspace of Iran and Iraq until August 31, as US attacks on Iran are ongoing.

The agency’s previous warning, which expires on July 8, included Lebanon. It had also asked airlines to exercise caution in the airspace of Bahrain, Kuwait, Israel, Jordan, Qatar, Oman, the UAE and Saudi Arabia.