Trump cancels planned Iran strike after reaching outline of a deal
President Donald Trump said he called off a planned U.S. military strike on Iran after Tehran and its regional neighbors requested a pause, citing agreement on the "perimeters of a deal." New talks between Washington and Tehran are set to begin Monday, days after Trump ordered fresh strikes when earlier negotiations collapsed.
President Donald Trump said Saturday he had called off a planned U.S. military strike on Iran after Tehran and neighboring governments asked Washington to hold off, saying "the perimeters of a deal" had been agreed. The reversal came days after Trump ordered new strikes when an earlier round of nuclear talks collapsed, reigniting fears of a wider war in the Gulf.
Trump said fresh negotiations between the two governments would resume Monday, though he gave few details on what a final agreement might include. Oil prices, which had spiked on strike fears, pulled back sharply on the news, and traders said markets would watch closely for signs the truce holds through the new round of talks.
Iranian officials have not confirmed the same characterization of a deal, and separate talks between Tehran and Oman over securing the Strait of Hormuz were reported to be in their final stages. Analysts cautioned that previous ceasefires in the standoff have proven fragile, with both sides trading blame whenever talks falter.
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