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Oil markets are reacting to the effect of a U.S. decision to directly enter the Iran-Israel conflict.
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The Pentagon said there were no reports of casualties after the strike on Al Udeid Air Base in Qatar, and President Trump said it was time for peace.
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Trump seems inclined to hold his fire as Iran's attack on US troops in Qatar caused no damage or casualties.
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The Iranian military confirms it launched missiles in retaliation for American strikes against its nuclear sites.
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Before asserting that Iran and Israel had agreed to a cease-fire, President Trump spoke to Prime Minister Benjamin Netanyahu of Israel and Iranian officials, with Qatar helping to mediate.
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