President Trump met Friday with top advisers and senior Cabinet officials to discuss whether to intensify the U.S. military campaign against Iran, according to a report from The New York Times. The meeting comes after the collapse of the ceasefire and the breakdown of a MOU that had been intended to bring Washington and Tehran back to the negotiating table for a longer-term nuclear agreement.

The report follows earlier news that Trump had scheduled a Cabinet meeting at Camp David and comes after Axios reported he was considering a military operation significantly larger than previous strikes against Iran.

Stocks have moved lower with the NASDAQ Dow down -0.49%. The S&P index has given up its gains in trading just above unchanged at 0 point with a gain of 0.08%. The Dow industrial average is still up 0.38%.

Crude oil is trading at $89.36 the low at $87.68, but still below the 100 day moving average at $89.90..

In other news, the New York Times is also reporting that:

• American intelligence agencies believe that Iran snoop supreme leader is far more interested in his father and predecessor in pursuing a nuclear weapon.

UGH.  Solving “problems” by creating problems.

This article was written by Greg Michalowski at investinglive.com.