US President Donald Trump says the US and Iran have held talks on the “complete and total resolution of hostilities” in the Middle East.
Writing on social media, Trump says he’s postponed threatened strikes on Iranian power plants for five days – oil and gas prices fall immediately.
However, Iran’s parliament speaker denies discussions have taken place, saying “fake news” is being used to “manipulate” the oil markets.
Speaking after his initial social media post, Trump says Iran has “one more chance” at peace.
These head-spinning developments highlight how fast-moving and unpredictable this war has become.
On Saturday night, Trump had given Iran a 48-hour deadline to reopen the Strait of Hormuz – or, he said, the US would “obliterate” Iranian power plants.