According to Trump, the talks took place over the weekend and focused on finding a complete resolution to the ongoing conflict in the Middle East. He added that discussions are ongoing and will continue throughout the week.
🤝 Diplomatic Efforts Underway
Trump stated that based on the positive tone of the discussions, he has instructed the military to temporarily postpone all strikes on Iranian energy targets. The pause, however, is conditional and depends on the success of continued negotiations.
This marks the first official indication that both sides may be exploring a possible end to hostilities.
⚠️ Iran Rejects US Claims
Iran quickly pushed back against Trump’s statement. The country’s Foreign Ministry dismissed the claim of productive talks, suggesting that the US is attempting to:
- Lower global oil prices
- Buy time for future military actions
Iran also warned that it remains prepared to continue its military response if necessary.
💥 Tensions Still High
Despite the temporary pause announcement:
- Israel launched a new wave of strikes targeting infrastructure in Tehran
- The broader conflict remains active and unstable
Earlier, Trump had given Iran a 48-hour deadline to reopen the critical Strait of Hormuz, warning that failure to comply would result in major attacks on Iranian power plants.
In response, Iran threatened to target power facilities across the Middle East, further escalating tensions.
📉 Market Reaction
Financial markets reacted quickly to the news:
- Oil prices dropped from around $109 to below $100 per barrel
- The Dow Jones surged by over 800 points shortly after the announcement
🪖 Operation Overview
The ongoing conflict is part of a US military campaign known as “Operation Epic Fury”, which began on February 28.
- Expected duration: approximately 4 weeks
- Tentative end date: around March 28
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