US president called off strikes after appeals from Iran and Gulf allies, warning of consequences if nuclear program resumes
Trump says Iran talks set for Monday, no deadline for deal
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Summary
A lot of bad things can happen,” Trump said. A previous ceasefire deal, including the reopening of the Strait of Hormuz – a vital conduit for global energy supplies – fell through, and Iran has since tightened its control over the vital waterway as the two countries resumed attacks against each other in recent weeks. Appeals from several Gulf states allies — along with Iran itself — led Trump to stand down, he said.
Furthermore, But he added: "With or without an agreement, and regardless of any external commitments, if Iran attempts to renew its nuclear program or advance its ballistic missile industries, we will be there.". Iranian Foreign Ministry spokesperson Esmaeil Baghaei said negotiations were focused on agreeing a new route through the strait, adding that it had "no link to the Strait of Hormuz being opened or closed.". People familiar with the matter had told Reuters the plan included the collection of voluntary fees for using the strait.
In addition, Iran has largely closed the Strait of Hormuz, a conduit for 20% of the world's oil and liquefied natural gas before the start of the war, causing energy prices to rise and stoking broader inflation. Oil prices were down more than 4% in early trading on Monday. The US administration says its objective remains preventing Iran from developing nuclear weapons, a charge Tehran continues to deny.
Moreover, The leap for the 10-year yield has already sent the average long-term US mortgage rate to its highest level in a year.
Cross-referenced from 10 sources.
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A lot of bad things can happen,” Trump said.
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A previous ceasefire deal, including the reopening of the Strait of Hormuz – a vital conduit for global energy supplies – fell through, and Iran has since tightened its control over the vital waterway as the two countries resumed attacks against each other in recent weeks.
according to Free Malaysia Today +2Appeals from several Gulf states allies — along with Iran itself — led Trump to stand down, he said.
according to New York PostBut he added: "With or without an agreement, and regardless of any external commitments, if Iran attempts to renew its nuclear program or advance its ballistic missile industries, we will be there."
according to India Today +2Iranian Foreign Ministry spokesperson Esmaeil Baghaei said negotiations were focused on agreeing a new route through the strait, adding that it had "no link to the Strait of Hormuz being opened or closed."
according to Geo News +1People familiar with the matter had told Reuters the plan included the collection of voluntary fees for using the strait.
according to Geo News +1Iran has largely closed the Strait of Hormuz, a conduit for 20% of the world's oil and liquefied natural gas before the start of the war, causing energy prices to rise and stoking broader inflation.
according to The Straits Times - WorldOil prices were down more than 4% in early trading on Monday.
according to The Straits Times - WorldThe US administration says its objective remains preventing Iran from developing nuclear weapons, a charge Tehran continues to deny.
according to India TodayThe leap for the 10-year yield has already sent the average long-term US mortgage rate to its highest level in a year.
according to The Sydney Morning Herald - Top Stories +1The S P 500 climbed 0.7 per cent after veering between gains and losses through the day.
according to The Sydney Morning Herald - Top Stories +1
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In his comments Sunday, where he explained his decision-making, Trump said that he had been asked by Iran as well as US partners Saudi...
omitted byLeft sidecovered byCenterRight sidePublic / AgenciesA lot of bad things can happen,” Trump said.
omitted byLeft sideRight sidecovered byCenterPublic / Agencies
