Trump Postpones Iran Ultimatum after 'Productive' Diplomacy
US President Donald Trump has postponed a planned ultimatum against Iran after what he described as 'productive' diplomacy. The move comes as a relief to financial markets, but analysts caution that a lasting resolution to the conflict remains elusive.
US President Donald Trump has delayed planned airstrikes against Iranian energy infrastructure. The decision follows 'very good and productive' talks between Washington and Tehran. The conflict began nearly a month ago when the US and Israel launched airstrikes on Iran, closing the Strait of Hormuz. Global energy markets have since descended into chaos, with oil and gas prices skyrocketing. Trump's postponement may offer some relief, but the underlying energy crisis is far from resolved. The price of Brent crude has hovered around $113 a barrel, with US benchmarks trading near $100.
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