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U.S. and Iran's 60-day MOU expires: What this means, what Trump wants

Monday marked the end of the 60-day negotiation period outlined in the memorandum of understanding between the U.S. and Iran. CBS News chief White House correspondent Nancy Cordes has more as the war shows no signs of slowing down.

As the 60-day deadline to reach a peace deal with Iran expires, President Trump has been criticizing U.S. allies. He threatened to bomb Oman, which has been mediating negotiations, and called for scaling back joint military exercises with South Korea. Trump falsely claimed that the U.S. controls the Strait of Hormuz, through which 20 percent of global oil previously traveled.

He also mentioned seizing the strait as a U.S. territory. Experts Alan Eyre and Reuel Marc Gerecht discussed the collapse of the deal, with Eyre attributing it to a lack of goodwill and Gerecht blaming Iran's unwillingness to give up its claim to control the strait. Eyre stated that the U.S. does not control the strait, as Iran possesses the military ability to block traffic.

Gerecht agreed, saying the Iranian leadership has no intention of relenting and may intensify the war through economic warfare.

Written by urgent.news from PBS NewsHour's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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