US President Donald Trump Warns Iran of ‘much Bigger’ Bombing If It Doesn’t Agree to Peace Deal

FXStreetMay 7, 2026 12:23 AM

US President Donald Trump said that Iran will be bombed “at a much higher level” if it doesn’t agree to a peace deal, CNBC reported on Wednesday.

Trump in a Truth Social post said the US military offensive known as Operation Epic Fury “will be at an end” if Iran “agrees to give what has been agreed to, which is, perhaps, a big assumption.”

US President further stated that if a peace deal happened, the US naval blockade of Iranian ports in the Gulf of Oman would “allow the Hormuz Strait to be OPEN TO ALL, including Iran. But “if they don’t agree, the bombing starts, and it will be, sadly, at a much higher level and intensity than it was before.”

Market reaction

At the time of writing, the West Texas Intermediate (WTI) is down 6.98% on the day at $92.95.

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