00:00The fragile ceasefire between the United States and Iran is in serious danger of collapsing.
00:05And President Trump is now openly threatening renewed military action.
00:10Trump told CBS News that the Iran deal is on life support,
00:14warning that America's patience is running out as Tehran refuses to reopen the Strait of Hormuz,
00:20and continues rejecting U.S. peace terms.
00:23Iran has vowed to fight on, insisting that any deal must include terms covering Hezbollah in Lebanon,
00:30a condition Washington has flatly refused.
00:32The dual blockade remains in place.
00:35The U.S. Navy is blocking ships from entering Iranian ports, while Iran is blocking Persian Gulf traffic.
00:42The economic consequences are already devastating American households,
00:46with gas at $4.50 per gallon and inflation at a three-year high.
00:51Trump is traveling to Beijing this week specifically to pressure Chinese President Xi Jinping into leaning on Tehran.
00:58intelligence officials say without Chinese intervention.
01:02A return to active strikes is increasingly likely before the end of the month.
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