Trump says he is canceling fresh strikes on Iran, hints at possible peace deal
Trump said the agreement could reopen the Strait of Hormuz and keep Iran from getting a nuclear weapon, after markets reacted to the announcement.
- On Thursday, President Donald Trump announced the United States has "ended the war" with Iran, citing a "very strong memorandum of understanding" to halt fighting and resolve the conflict.
- Qatari Emir Tamim, United Arab Emirates President Mohamed, and Asim Munir urged Trump to call off strikes after he vowed to seize Kharg Island, which handles roughly 90% of Iran's crude exports.
- The Prime Minister Netanyahu expressed appreciation for the ceasefire, which includes "removal of enriched nuclear material, the dismantling of enrichment infrastructure, limits on missile production, and an end to Iran's support for its terrorist proxies in the region." Israel is not part of the United States memorandum.
- Iranian Foreign Ministry spokesperson Esmail Baghaei said reports of an agreement are "merely speculation," stating Tehran has not yet reached a final decision on any deal despite finalized negotiation text.
- The World Bank warned Thursday that the conflict could slow global economic growth to 2.5% this year, down from 2.9% in 2025, with potential slump to 1.3% if energy disruptions and financial stress intensify.
657 Articles
657 Articles
Trump Calls Off Iran Strikes with Deal in Reach: "We Should Be Getting It Done In The Next Few Days."
The post Trump Calls Off Iran Strikes with Deal in Reach: “We Should Be Getting It Done In The Next Few Days.” appeared first on 24/7 Wall St.. President Trump announced planned U.S. military strikes against Iran have been cancelled and a memorandum of understanding could be signed within days. Markets rallied sharply on the de-escalation signal: S&P 500 +1.8%, Nasdaq +3%, while WTI crude fell 4-5% to below $98/barrel, lifting equity risk appe…
The Art of Capitulation: Trump Spins Victory as Iran Says its Red Lines Remain Intact
Throughout the U.S.-Israeli war with Iran, President Donald Trump has constantly flailed in his campaign to portray it as a historic success. The blunt reality is that what Trump announced as a quick and easy war of regime change rapidly transformed into a quagmire. For the past two months, Trump has struggled to find a way to declare victory, alternating between claims that Iran is begging him for a deal and threats to destroy Iranian civilizat…
We regret to inform you…
that our attack tonight has been called off. That was President Trump’s big news about our conflict with Iran yesterday. The attack had been advertised by Trump to take place last night. Trump’s announcement put me in mind of the title of Philip Gourevitch’s award-winning bookabout the slaughter of the Tutsis in Rwanda — We wish to inform you that tomorrow we will be killed with our families (1998). This was Trump’s announcement. Trump called it…
Trump Halts Strikes And Claims An Iran Deal, But Tehran Holds Back
President Trump said he called off planned strikes on Iran on Thursday, claiming the framework for a deal had been approved by all parties and that a signing was only days away. The outline would extend the ceasefire, reopen the Strait of Hormuz and start 60 days of nuclear talks. Tehran was more guarded, with a Revolutionary Guards-linked agency saying no text had been agreed and officials citing no final decision. Trump has predicted a deal mo…
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Trump Halts Planned U.S. Strikes on Iran Just Hours Before Launch as Breakthrough Nuclear Deal Appears Within Reach
The United States was reportedly just hours away from launching another major military operation against Iran on Thursday night when President Donald Trump made the ... The post Trump Halts Planned U.S. Strikes on Iran Just Hours Before Launch as Breakthrough Nuclear Deal Appears Within Reach first appeared on [your]NEWS.
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