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Trump says he's postponing strikes on Iran power plants, citing 'productive' talks to end war
Trump halted planned strikes on Iran's energy infrastructure for five days amid talks aiming for a total resolution of hostilities, impacting global oil markets, officials said.
- On Monday, President Donald Trump extended his ultimatum for Iran to reopen the Strait of Hormuz by five days, ordering a pause on planned U.S. strikes against Iranian power plants and energy infrastructure.
- Trump previously threatened to "obliterate" Iran's energy grid on Saturday if the Strait of Hormuz was not fully reopened, setting a 48-hour deadline that would have expired late Monday.
- While Trump cited "very good and productive conversations" with Tehran, officials there denied any direct or indirect negotiations, dismissing the claims as "fake news" intended to manipulate oil markets.
- Brent crude prices fell and global stock futures rallied Monday after the announcement, offering immediate market relief though energy importers remain wary of sustained supply volatility.
- Iranian forces reportedly deployed limpet mines throughout the Strait of Hormuz, keeping regional military posture at high alert despite the diplomatic opening and threatening delayed maritime security restoration.
758 Articles
758 Articles
Trump postpones military strikes on Iran's power plants
In this Quick Take, Ian Bremmer says President Trump’s decision to back away from a 48-hour ultimatum to reopen the Strait of Hormuz signals how risky further escalation with Iran could be.Trump had threatened to destroy Iran’s energy infrastructure if shipping through the strait wasn’t restored. Tehran responded by warning it could strike desalination plants across the Gulf. “That would have been a disaster for all concerned,” Ian says.Trump ul…
Trump Claims Iran "Wants To Make A Deal" While Denies Talks
While Iran is denying any discussions have taken place, United States ruler Donald Trump claims that the Islamic Republic wants to “make a deal”. Trump has also extended his deadline for Iran to reopen the Strait of Hormuz, saying the U.S. will hold off striking power plants in the country for five days. Trump said that he has already instructed the Department of War to “postpone any and all military strikes against Iranian power plants and ene…
XRP Price Rallies 7% After Trump Postpones Iran Strikes—But One Detail Could Reverse It
Quick Read The XRP price rallied roughly 7% from $1.36 to $1.46 after Trump ordered a five-day pause on strikes against Iran’s energy infrastructure on March 23. Iran denied any talks through the Foreign Ministry, Fars News Agency, and Parliament Speaker Ghalibaf, though backchannel messaging through Turkey, Egypt, and Pakistan is confirmed. The March 4 de-escalation signal triggered the same XRP bounce to $1.46 and collapsed within days—the …
The war between the U.S., Israel and Iran remains active, but with relevant diplomatic movements. President Donald Trump has stated that there are “important points of agreement” following recent contacts with Iran and has opened the door to a possible pact to end the conflict. As a gesture to facilitate these negotiations, the U.S. has decided to postpone for five days planned attacks on Iranian energy infrastructures, in what is interpreted as…
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