Trump Considers Resuming Military Action as US-Iran Ceasefire Wobbles

May 12, 2026

66 min

May 12, 2026 13:30

Frustrated Trump weighs restarting combat operations as US-Iran War ceasefire falters

## Ceasefire in Jeopardy

US President Donald Trump has expressed frustration over the faltering ceasefire with Iran, labeling Iran's latest proposal as "unacceptable" and threatening a "complete victory" over Tehran. Iran's response was defiant, with its parliamentary speaker affirming readiness for any confrontation.

## Economic Impact

The ongoing conflict has disrupted global energy markets, with Aramco's CEO warning of prolonged supply shocks even if the Strait of Hormuz reopens soon. The war has also affected fertilizer shipments, raising concerns about potential food shortages worldwide.

## Military Developments

Iran's Revolutionary Guards conducted military drills in Tehran, preparing for potential confrontations. Meanwhile, Israeli forces carried out operations in southern Lebanon, targeting Hezbollah infrastructure despite the ceasefire.

## Rising Inflation

In the US, consumer inflation reached a three-year high, driven by the conflict's economic fallout. The consumer price index rose 3.8% year-on-year, with energy prices seeing the largest increase.

## Diplomatic Tensions

Qatar's foreign minister criticized Iran's use of the Strait of Hormuz as leverage against Gulf states. Efforts to mediate the conflict continue, with Qatar and Turkey playing key roles in negotiations.

## Naval Incidents

Trump claimed the US Navy intercepted 111 Iranian missiles in the Strait of Hormuz, though this figure has been met with skepticism. Talks remain stalled, with naval blockades maintaining high tensions over the crucial oil route.

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