Get the latest market trends in your inbox

Stay on top of the latest market trends and economic insights with the Axios Markets newsletter. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Denver news in your inbox

Catch up on the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Des Moines news in your inbox

Catch up on the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Minneapolis-St. Paul news in your inbox

Catch up on the most important stories affecting your hometown with Axios Minneapolis-St. Paul

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tampa-St. Petersburg news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa-St. Petersburg

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

President Trump tweeted Sunday evening — after oil prices soared following attacks on Saudi Arabia's oil infrastructure — that "there is reason to believe that we know the culprit, are locked and loaded depending on verification."

Between the lines: Trump's statement was an implicit threat to Iran, based on a tweet hours earlier from Secretary of State Mike Pompeo, who said "Iran has now launched an unprecedented attack on the world’s energy supply."

What he's saying: Moments later, Trump followed his comments up by tweeting, "The Fake News is saying that I am willing to meet with Iran, "No Conditions." That is an incorrect statement (as usual!)."

Flashback: In June, the president told NBC's "Meet The Press that he wanted to talk with Iran with "no preconditions."

  • A transcript posted to the State Department's website last week shows Secretary of State Mike Pompeo discussed on "Fox News Sunday" of the possibility of Trump meeting with Iranian President Hassan Rouhani. "He has said he’d meet with him with no preconditions," Pompeo said.
  • Treasury Secretary Steven Mnuchin said Thursday that Trump "has said he would sit down with Rouhani with no conditions," CNN reports.

The other side: Iran denied earlier Sunday U.S. accusations that it was behind the drone attacks, which targeted the world's largest oil processing facility at Abqaiq and a major oil field at Khurais in Saudi Arabia the previous day.

  • Iranian Foreign Minister Javad Zarif tweeted that "blaming Iran won't end the disaster" in Yemen and claimed the Trump administration's "maximum pressure" campaign that targeted Iran with sanctions had failed, accusing Pompeo of turning to turning to "max deceit" with his oil attacks accusation.
"Blaming Iran won't end disaster. Accepting our April '15 proposal to end war & begin talks may."
— Iranian Foreign Minister Javad Zarif

Go deeper

Updated 3 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: WHO: AstraZeneca vaccine must be evaluated on "more than a press release."
  2. Politics: McConnell temporarily halts in-person lunches for GOP caucus.
  3. Economy: Safety nets to disappear in DecemberAmazon hires 1,400 workers a day throughout pandemic.
  4. Education: U.S. public school enrollment drops as pandemic persists.
  5. Cities: Surge in cases forces San Francisco to impose curfew — Los Angeles County issues stay-at-home order, limits gatherings.
  6. Sports: NFL bans in-person team activities Monday, Tuesday due to COVID-19 surge — NBA announces new coronavirus protocols.
  7. World: London police arrest more than 150 during anti-lockdown protests — Thailand, Philippines sign deal with AstraZeneca for vaccine.

Tony Hsieh, longtime Zappos CEO, dies at 46

Tony Hsieh. Photo: FilmMagic/FilmMagic

Tony Hsieh, the longtime ex-chief executive of Zappos, died on Friday after being injured in a house fire, his lawyer told the Las Vegas Review-Journal. He was 46.

The big picture: Hsieh was known for his unique approach to management, and following the 2008 recession his ongoing investment and efforts to revitalize the downtown Las Vegas area.

Dan Primack, author of Pro Rata
15 hours ago - Economy & Business

The unicorn stampede is coming

Illustration: Annelise Capossela/Axios

Airbnb and DoorDash plan to go public in the next few weeks, capping off a very busy year for IPOs.

What's next: You ain't seen nothing yet.