Trump Reportedly Calls Situation Room Meeting

President Trump is sounding a new warning to Iran: "The clock is ticking." He used the phrase in a social media post on Sunday as well as in an interview with Axios amid the fragile ceasefire. "They better get moving fast or they are not gonna have anything left," he told the outlet as he awaited an updated Iranian peace proposal. Axios further reported that Trump will convene a meeting on Tuesday in the Situation Room with his national security team to discuss military options.

The price of oil rose again on the prospect of renewed attacks, reports CNBC. Benchmark international crude ticked up to about $111 a barrel on Monday morning. Dow futures, meanwhile, were down more than 300 points after last week's strong rise. The tensions come as the UAE reported a drone strike on its Barakah nuclear power plant that damaged an external generator.