Iran halts strikes as Trump gives space to talks

TEHRAN : Iran and the United States held their fire Sunday, handing Gulf shipping and the oil industry a respite from missile strikes as Donald Trump’s UN envoy said the president was “giving talks some space”. Iran said it had halted retaliatory attacks against Washington’s allies in the Middle East, and US ambassador to the United Nations Mike Waltz told “Fox News Sunday” that, while forces remained “locked and loaded”, Trump would give negotiations “a little bit of room”.

Oil prices fell on Asian markets early Monday as investors breathed cautious sighs of relief at the pause in combat.

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