Trump warns of major war escalation if Iran peace process fails

Deal's fractures emerge quickly as Israel carries out its largest strikes on civilian infrastructure in Beirut

President Donald Trump arrives from the Blue Room to speak about the Iran war from the Cross Hall of the White House on Wednesday, April 1, 2026, in Washington. PHOTO: REUTERS

US President Donald Trump vowed to retain military assets in the Middle East until a peace deal with Iran is reached and warned of a major escalation in fighting if it failed to comply, as oil prices rose on concerns over supply and restrictions in the Strait of Hormuz.

Trump said in a social media post that US ships, aircraft and personnel with additional ammunition and weaponry would remain in place to destroy, if necessary, "a substantially degraded enemy", but expressed confidence that a lasting deal would be agreed and followed.

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