US to Suspend Strikes on Iran's Energy Sector for Five Days
The US and Iran held 'very good and productive negotiations' on a 'complete and final settlement' of the conflict in the Middle East, Donald Trump said on his Truth Social network. In this regard, Trump ordered a five-day postponement of military strikes on Iranian power plants and energy infrastructure. According to the US President, the truce will be maintained 'provided the ongoing negotiations are successful.' The negotiations will continue throughout the week, Trump added. Oil reacted instantly, notes Bloomberg. Brent crude futures fell by more than 14% to $96 a barrel. Gas prices in Europe decreased by 8.9%, and global bonds began to rise.
