Donald Trump speaking on CNBC said the U.S. believes it has the upper hand in dealing with Iran and thinks Iran will eventually have to come to the negotiating table. He also claimed that the U.S. has full control over the Strait of Hormuz, which is a key global oil route.

He warned that the current ceasefire may not last much longer and made it clear he’s not interested in extending it. At the same time, he added that if Iran agrees to a deal, it still has a chance to rejoin the global system as a “legitimate” nation.

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