Donald Trump has postponed attacks on Iranian power plants and infrastructure after positive discussions with Tehran. The pause will last for five days and is dependent on ongoing meetings. Iran had warned of floating mines in the Persian Gulf and attacking regional power plants if the US followed through. State media framed this as a victory for Iran. The narrow waterway of the Strait of Hormuz remains closed, causing economic impacts. Oil and gas prices fell following Trump’s announcement, raising hopes of easing tensions. However, recent escalations continue with Israel launching strikes on Iran and Iran firing missiles at the UAE and Saudi Arabia.
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