Trump warns Iran will pay the price if peace deal stalls amid renewed clashes

Donald Trump warned Iran it would pay the price for delaying a deal to extend the ceasefire and reopen the Strait of Hormuz, as US and Iranian forces exchanged strikes after Iran shot down a US helicopter. The president signaled possible further action while Qatar- and Pakistan-led mediation seeks to bridge gaps toward a renewed truce and a framework for talks on Iran's nuclear program; oil prices edged higher as regional tensions persist and Gulf partners await any escalation.