Trump Cancels Iran Strikes Just as Abruptly as He Started Them

“Discussions and final points have been, in both concept and great detail, approved by all parties involved, including the United States, Israel, Saudi Arabia, UAE, Qatar, Turkey, Pakistan, Bahrain, Kuwait, Jordan, Egypt, and others,” Trump wrote.

“The Naval Blockade will remain in full force and effect until this Transaction is finalized—Time and place of the signing to be announced shortly,” he added.

The markets immediately reacted to Trump’s announcement: Stock indexes soared and oil prices plummeted.