Trump Says US to Cancel Iran Attack Subject to a Rapid Deal

2 hours ago 4

Article content

(Bloomberg) — President Donald Trump said the US will hold off new strikes against Iran after the Islamic Republic and other Middle Eastern nations told him they are working toward a deal. 

Financial Post

THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY

Subscribe now to read the latest news in your city and across Canada.

  • Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
  • Daily content from Financial Times, the world's leading global business publication.
  • Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
  • National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
  • Daily puzzles, including the New York Times Crossword.

SUBSCRIBE TO UNLOCK MORE ARTICLES

Subscribe now to read the latest news in your city and across Canada.

  • Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
  • Daily content from Financial Times, the world's leading global business publication.
  • Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
  • National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
  • Daily puzzles, including the New York Times Crossword.

REGISTER / SIGN IN TO UNLOCK MORE ARTICLES

Create an account or sign in to continue with your reading experience.

  • Access articles from across Canada with one account.
  • Share your thoughts and join the conversation in the comments.
  • Enjoy additional articles per month.
  • Get email updates from your favourite authors.

THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.

Create an account or sign in to continue with your reading experience.

  • Access articles from across Canada with one account
  • Share your thoughts and join the conversation in the comments
  • Enjoy additional articles per month
  • Get email updates from your favourite authors

Sign In or Create an Account

or

Article content

Trump said he had agreed to cancel the attack, “subject to being able to rapidly make a DEAL,” according to a post on Truth Social. “Get to work, everybody, and get it DONE.” Israel had agreed to join him in the commitment, Trump said.

Article content

Article content

Earlier, Axios reported that Saudi Crown Prince Mohammed bin Salman had urged Trump to refrain from new strikes, citing people familiar with the conversation. 

Article content

Article content

The US was asked “to hold off any attack in that the perimeters of a deal has been agreed to,” Trump said his post on Saturday. “This would include the Immediate, Complete, and Total OPENING OF THE HORMUZ STRAIT, and an end to Iran’s nuclear threat.”

Article content

By signing up you consent to receive the above newsletter from Postmedia Network Inc.

Article content

The US military had been ordered to carry out fresh attacks as soon as this weekend, the Wall Street Journal reported Friday. Trump had said at a cabinet meeting Friday the US would be hitting Iran “very hard” in an effort to bring an end to the war as it drags into its sixth month. “And at some point they’ll say we just can’t take it anymore.”

Article content

US embassies across the Middle East on Saturday warned Americans that they should be prepared for flight cancellations, periodic airspace closures and other travel disruptions as tensions remain elevated.

Article content

The stop-start conflict between the US and Iran, which has repeatedly disrupted traffic through the Strait of Hormuz, a key route for oil, liquefied natural gas and fertilizer exports, started Feb. 28. A brief truce brokered in June collapsed last month, though the two sides paused strikes again in late July to give diplomacy another chance.

Article content

That lull ended Tuesday night when Tehran carried out what Trump described as a surprise attack, firing multiple ballistic missiles at a US military base in Jordan. The latest escalation has driven sharp swings in energy prices, with Brent crude ending the week above $90 a barrel, up from below $72 a barrel at the start of last month.

Article content

(Updates with context from third paragraph)

Article content

Read Entire Article