US President Donald Trump has announced a five-day pause on military strikes against Iranian power plants and energy infrastructure, citing “very good and productive conversations” with Tehran. The move comes after Iran threatened to attack Israel’s power plants and those supplying US bases in the Gulf region if the US targeted Iran’s power network. Trump stated that discussions will continue throughout the week, with the pause subject to the success of ongoing negotiations.
The announcement has led to a surge in stock and bond prices, with oil prices dropping sharply. The decision is seen as a potential shift from confrontation to cautious diplomacy, although the situation on the ground remains volatile.
