Trump Threatens to Wipe Out Iran Over Deal as UN Summit Looms

President Trump said the only options are to “wipe Iran out” or let its economy rot unless Tehran accepts a deal, as Iranian leaders prepare for meetings at the UN in New York. Iran warns of painful retaliation if the U.S. acts against it, signaling a deepening standoff. Analysts say oil prices will stay elevated even as some oil flows resume and the Strait of Hormuz remains a focal point for the market, amid heightened Middle East security alerts and ongoing proxy tensions.