Trump warns Iran of 'pay the price' as talks stall and tensions flare

President Trump said Iran would “pay the price” for delaying a deal, after U.S. strikes in response to Iran downing a U.S. helicopter and Iran's retaliatory strikes against Bahrain, Kuwait, and Jordan. He indicated a deal could be reached in days, while oil prices rose on the heightened tensions and traders watched the Strait of Hormuz amid reports of potentially large but untracked oil flows. Iran has not claimed responsibility for the helicopter incident and denies offensive actions in the strait.