U.S. President Donald Trump says hopes for an Iran-related ceasefire and broader deal are fading, describing it as “on life support.” According to reporting, the position reflects continued difficulties in negotiations rather than any immediate breakthrough. Tehran’s demands remain central to the sticking points: sources describe Iran as seeking compensation, an end to attacks, and the reopening of its oil exports. At the same time, disruptions in the Strait of Hormuz are affecting energy flows and prices. Multiple reports link the standoff to higher crude prices and pressure on producers, noting that oil producers cut exports and that OPEC output falls to its lowest level in more than two decades. The combined picture is one of persistent security and economic constraints, with limited progress toward a ceasefire agreement and increasing concern about wider global impacts stemming from the shipping and energy disruptions in the region.