- Iran has announced a halt to its retaliatory strikes following a lull in U.S. attacks, marking a significant pause after 13 consecutive nights of U.S. strikes on Iranian military targets.
- Global oil prices dropped by over 5% after the U.S. suspended its two-week bombing campaign against Iran, indicating a potential shift toward diplomacy.
Iran has announced a halt to its retaliatory strikes after the U.S. paused its military operations for two days, breaking a cycle of escalating attacks.123456
Iran’s army spokesman Mohammad Akraminia stated: “Since our strategy has essentially been retaliatory, we have also halted our retaliatory operations.”
Global oil prices dropped by over 5% following the U.S. decision to suspend its two-week bombing campaign against Iranian military targets, indicating a potential shift toward diplomacy.7
U.S. President Donald Trump remarked: “Iran had a choice between a deal and strikes at a ‘much higher level,’ adding, ‘We’re talking to them right now. I think they’re getting more and more serious.’”
The cessation of hostilities comes after 13 consecutive nights of U.S. strikes, with both nations now exploring diplomatic avenues.
Iran has also made progress in talks with Oman regarding maritime operations in the Strait of Hormuz, a critical shipping route.
While the U.S. has refused to accept any Iranian control over the Strait, Oman has proposed a route along its coast, endorsed by the International Maritime Organization, which has angered Iran.
The situation remains tense, with ongoing conflicts involving Iran-backed groups in the region, including the Houthis, who have claimed attacks on Saudi interests.
As both nations pause their military actions, the international community watches closely for signs of a diplomatic resolution.
“Global oil prices dropped over 5% after the US suspended its bombing campaign; Iran reported progress in talks with Oman on jointly administering the Strait. Meanwhile, Trump said Iran faces a choice between a deal and strikes at a 'much higher level', as authorities warned of mine risks in the Strait.”
