US says it is capable to resume war with Iran as deal remains elusive

Trump signalled he was on the verge of reaching a peace deal with Iran but failed to sign off on the agreement following a two-hour meeting on Friday.

• The US declared it has the capability to resume military operations against Iran
• Trump indicated he was close to a peace deal but did not sign the agreement
• A two-hour meeting was held on Friday but failed to produce results
• Negotiation failure has elevated the risk of renewed conflict