Oil Markets on Edge as Trump Signals No Ceasefire Extension Without Agreement

The United States is “highly unlikely” to extend the U.S.-Iran ceasefire that expires in the coming hours, U.S. President Donald Trump told Bloomberg News in a telephone interview late on Monday. The truce announced on April 7 expires on “Wednesday evening Washington time,” according to President Trump, a day later than many analysts had assumed – Tuesday— as the end of the two-week ceasefire. At any rate, President Trump said it was “highly unlikely that I’d extend it”, referring to the ceasefire,…