U.S. President Trump posted a photo on the social media platform Truth Social, in which he was holding multiple cards with the caption, "I have all the cards."

Ibrahim Aziz, chairman of the National Security and Foreign Policy Committee of Iran’s Islamic Parliament, said that any U.S. intervention in the new maritime order in the Strait of Hormuz will be regarded as a violation of the ceasefire agreement. The Strait of Hormuz and the Persian Gulf will never be controlled by Trump’s ridiculous rhetoric. No one will believe this "passing the buck" trick.

Futures on the three major U.S. stock indexes opened slightly higher on Monday, with Dow futures opening up 0.2%.

U.S. Republican Senator Graham: Again, I hope this conflict can be ended through diplomatic means, but now is the time to restore freedom of navigation and respond strongly when Iran persists in its terrorist behavior.

U.S. Republican Senator Graham: It is clear to me that Iran is playing tricks in the negotiations because their last proposal to end the conflict is simply ridiculous.

U.S. Republican Senator Graham: I fully support President Trump’s decision to launch the “Freedom Plan”, which aims to restore freedom of navigation in the Strait of Hormuz, a channel that is vital to the global economy but is blocked by Iranian “terrorism.”