Just in the last few minutes, Trump said he doesn’t care if negotiations with Iran are over and he doesn’t worry about the price of oil.

What is interesting is that since these reports started circulating, the futures prices of oil has soared dramatically, up over the $100 mark.

It was less than that when the market opened today, and at least one CEO has said there is the possibility that because of the lack of stock that they have, that the price of oil may go as high as $150 or $160 a barrel.

That would obviously have huge economic implications.

• US President Donald Trump says he spoke to Israel’s Prime Minister Benjamin Netanyahu and Hezbollah for the Lebanon ceasefire.

Iran terminates indirect talks with USA until Israel stops bombing Lebanon.

Iran says no peace talks with US until Israeli operations cease

Iran says there will be no peace talks with the US until its demands on the cessation of Israeli operations in Lebanon and Gaza are met, according to the IRGC-affiliated Tasnim news agency.

Tasnim reported that Iran’s negotiating team is pulling out of message exchanges through mediators with the US over Israel’s offensive in Lebanon.

Tasnim further reported that Iran and what it called its “resistance front”, or proxies, will look to completely block the strait of Hormuz. It said it will also look to “activate” other fronts, including the Bab el-Mandem strait, which sits off the coast of Yemen, across the Arabian peninsula from the strait of Hormuz.

The Houthis, an Islamist armed group that controls large parts of Yemen, are allies of Iran – they have previously targeted shipping in the Red Sea and likely the “resistance” referred to by Iran in the statement.

Iran war forces farmers to seek fertilizer alternatives from cow dung to compost

DAKAR, Senegal (AP) — When Senegalese farmer Abou Sow first watched U.S. missiles strike Iran on social media, he had a sinking feeling it would soon affect agriculture in the West African nation. Since the war began on Feb. 28, fertilizer prices have risen by 40%.

Sow was better prepared than most. Eight years ago, he gave up chemical fertilizers for organic compost and other natural sources. He now rallies farmers in Senegal to buy manure from local herders and gives advice on how to make a rich compost, picking out wriggling worms – a healthy sign.

“We can’t afford to wait for a ceasefire,” Sow said. “It’s risky to depend on chemical fertilizers.” Iran’s grip on the Strait of Hormuz has affected the supply of natural gas, essential for making chemical fertilizer, as well as global shipping.

The Gulf region produces 30% of globally traded chemical fertilizer, according to the International Food Policy Research Institute, and global prices have increased by 50%, according to the World Bank’s fertilizer price index.

Current Situation in Northern Israel [5]

Reactions and Escalation