President Trump said the U.S. would likely launch more strikes against Iran Wednesday night, telling reporters at a NATO summit in Turkey "we hit them very hard last night," and "we're going to hit them hard again tonight." He later said he's not sure he wants to make a deal with the Iranians, but also said he doesn't think the war will "start again."
Earlier Wednesday Mr. Trump said, "as far as I'm concerned, it's over," when asked about the ceasefire with Iran.
After an exchange of strikes by both countries, Mr. Trump called Iran's leaders "sick" and declared it "a waste of time dealing with them."
Oil prices soared Wednesday and stocks slumped after Mr. Trump said the ceasefire with Iran was over, with international benchmark Brent crude jumping almost 8% to trade over $80 a barrel. The main U.S. contract, West Texas Intermediate, was also up over 7% at $75 a barrel.