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President Trump announced this morning that he was going into the White House Situation Room to evaluate the ceasefire extension deal with Iran. As always, the devil is in the details. In a Truth Social post, the president clearly stated what he wants to see in a permanent deal. But there are now reports that the president left the Situation Room after two hours without making a decision.

Here’s some important context in which this decision is being made: Available global oil supplies are running low—very low, according to ExxonMobil Senior Vice President Neil Chapman.