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Oil prices retreated and stocks rallied after President Trump called off plans for another day of strikes on Iran, saying that a peace deal could be within reach.
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Markets rally and oil prices dip as US president claims agreement will reopen Strait of Hormuz
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Trump cancels Iran strikes as mediators claim deal close AxiosTrump claims Iran war settled 'subject to finalization,' expects signing in 'next few days' CNBCTrump now says a peace deal will be announced ‘soon,' cancels further strikes NPRTrump and Hegseth Broadcast U.S. Military Strikes Before They Happen The New York TimesWhy a frustrated Trump is turning again to bombs to force Iran's hand
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