Pres. Trump: MOU is not final, if I don't like agreement we will go back to dropping bombs

Summary

President Trump said the US-Iran memorandum of understanding is not final and threatened to resume bombing if he doesn't like the terms. CNBC's Megan Cassella reported on the potential undercutting of stability, while both she and Becky Quick noted oil prices remained steady below $77 on hopes the Strait of Hormuz reopens, though future uncertainty lingers.

• Trump said the MOU with Iran is not final and he could return to dropping bombs.
• The administration had framed the deal as a stabilizing ceasefire while details are worked out.
• Megan Cassella noted Trump's comments undercut that stability but markets had celebrated the deal.
• Becky Quick observed that oil prices barely moved, with WTI at $76.46, still below $77.
• The desire for Strait of Hormuz reopening is a key reason oil prices have been stable.
• Megan added that the war premium had been removed but Trump's remarks would catch attention.
• The overarching theme is geopolitical uncertainty around the deal and its potential oil market impact.