Iran Conflict: Trump Warning Sends Oil Costs Skyrocketing, Markets Plunge
US President Donald Trump mentioned on Monday he had paused a deliberate assault towards Iran after Tehran despatched a peace proposal to Washington, and that there was now a “superb likelihood” of reaching a deal limiting Iran’s nuclear program.
Trump mentioned he had instructed the navy to not go forward with what he described as a scheduled assault.
In a submit to his Fact Social platform, the US president claimed that the leaders of Qatar, the United Arab Emirates and Saudi Arabia had approached Washington due to the prospect of reaching a deal that may be “very acceptable” to the US, and preclude Iran from acquiring a nuclear weapon.
“We are going to NOT be doing the scheduled assault of Iran tomorrow,” he wrote, including that forces ought to be prepared for a “full, massive scale assault… on a second’s discover” if a suitable deal will not be reached.
He later advised reporters there was a “superb likelihood” of an settlement that may forestall Iran from acquiring a nuclear weapon. “If we will try this with out bombing the hell out of them, I might be very completely satisfied,” he mentioned.
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Reuters mentioned it couldn’t affirm any earlier announcement of such an assault.
Talks and mediation
Iran mentioned it had despatched its place to Washington via Pakistan. Overseas ministry spokesperson Esmaeil Baghaei mentioned Tehran’s views had been “conveyed to the American facet via Pakistan” with out giving particulars.
A Pakistani supply advised Reuters that talks have been troublesome, saying each side “maintain altering their goalposts”.
Trump mentioned leaders from Qatar, Saudi Arabia and the United Arab Emirates had requested him to carry off, expressing hope {that a} deal may very well be reached.
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Iran response
Iran signalled it’s targeted on ending the battle and reopening the Strait of Hormuz, and mentioned it has not mentioned particulars of its nuclear programme.
State media carried warnings from Iran’s navy that it was prepared to reply to any assault. The Khatam al-Anbiya command mentioned forces had been “prepared to tug the set off” if wanted. Commander Ali Abdollahi was quoted as saying any renewed assault can be met “shortly” and “decisively”.
Sanctions and proposal particulars
An Iranian supply mentioned the proposal contains steps to finish the battle, reopen the Strait of Hormuz and elevate maritime sanctions. The supply additionally mentioned the USA had proven some flexibility, together with attainable launch of a part of Iran’s frozen funds and permitting restricted peaceable nuclear exercise beneath worldwide supervision.
REPORTER: “Are you able to communicate somewhat bit about your, submit on Fact Social on Iran? And what was the choice … why you did not assault… ?”
PRESIDENT TRUMP: “Properly, different international locations have come to me they usually’ve mentioned… We had been on the brink of do a really main assault tomorrow. I’ve… pic.twitter.com/PagwcXDAAo
— Fox Information (@FoxNews) Could 18, 2026
The US has not confirmed these factors. A US official additionally rejected a report that oil sanctions can be waived throughout talks.
A ceasefire stays in place after weeks of preventing following US-Israeli strikes earlier this yr, although drone incidents within the area have continued.
