Trump Postpones Strikes on Energy Targets But Iran Media Denies Truce Talks [View all]

Source: Bloomberg News

US says it held “good” talks with Iran and postponed strikes for five days
Iranian media denied that negotiations have taken place
Brent crude dropped as low as $96 a barrel, before coming back above $100
Trump had issued 48-hour ultimatum for Iran to “fully open” the vital Strait of Hormuz, before postponing strikes

“The statements of the US President are part of efforts to reduce energy prices and buy time for the implementation of his military plans,” state-run Mizan news agency reports, citing a Foreign Ministry statement as saying.
“There are no talks between Tehran and Washington”

“Yes, there are initiatives from regional countries to reduce tensions, and our response to all of them is clear: we are not the party that started this war, and all these requests should be referred to Washington”



Read more: https://www.bloomberg.com/news/live-blog/2026-03-23/iran-war-latest-oil-markets-bonds-hormuz?srnd=homepage-americas