President Donald Trump on Thursday stated he was extending an ongoing temporary pause in attacking Iran’s power services by 10 days, to April 6, on the request of the federal government of the Islamic Republic.
Trump’s transfer avoids escalating the conflict with Iran at a time america has signaled it needs a negotiated finish to the battle and because the key Strait of Hormuz stays virtually utterly closed to grease shipments.
His announcement got here as key U.S. inventory market indexes fell and oil costs rose.
“As per Iranian Authorities request, please let this assertion serve to signify that I’m pausing the interval of Power Plant destruction,” Trump stated in a Reality Social publish.
“Talks are ongoing and, regardless of inaccurate statements on the contrary by the Pretend Information Media, and others, they’re going very effectively. Thanks to your consideration to this matter!”
The unique five-day pause on U.S. assaults on Iran’s energy crops and power infrastructure was as a consequence of finish Friday. Trump had introduced the primary pause on Monday on Reality Social.
“The Iranians requested me” for the newest delay, Trump stated later Thursday in a Fox Information interview.
He stated that Iran had requested for a one-week extension, however he selected 10 days “as a result of they gave me ships.”
He was referencing his earlier declare that Iran allowed 10 oil tankers to cross by way of the Strait of Hormuz this week as a “current” to the United States.
The conflict in opposition to Iran started on Feb. 28 with strikes by america and Israel.
The conflict has led to sharp will increase within the worth of oil, as Iran has successfully shut down transport site visitors on the Strait of Hormuz, the world’s most crucial passage for the motion of crude.
The benchmark S&P 500 inventory market index fell by 1.74% on Thursday, its largest each day drop for the reason that starting of 2026, as oil costs rose. Brent crude oil futures rose by greater than 5.6%, ending at $108.01 per barrel.
Trump earlier Thursday advised reporters on the White Home that the U.S. has “very substantial talks happening with respect to Iran.”
Tehran has denied that it’s in direct talks with the U.S.
