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Iran launched aggregate waves of missiles astatine Israel, the Israeli subject said, after U.S. President Donald Trump postponed a menace to weaponry the Islamic Republic’s powerfulness grid due to the fact that of what helium described arsenic productive talks with Iranian officials.
The missiles triggered air raid sirens successful parts of Israel, including Tel Aviv, wherever blasts from interceptions were heard. In 1 attack, homes successful bluish Israel were damaged by falling debris pursuing an interception. No deaths were reported.
Mr. Trump wrote connected his Truth Social level connected Monday (March 23, 2026) that the U.S. and Iran had held “very bully and productive” conversations astir a “complete and full solution of hostilities successful the Middle East”.
As a result, helium said, helium was postponing for 5 days a program to deed Iran’s vigor grid. His announcement sent stock prices higher and lipid prices sharply little to beneath $100 a barrel, a abrupt reversal to a marketplace swoon caused by his play threats and Iran’s vows to respond.
Those gains were successful jeopardy connected Tuesday (March 24, 2026), however, aft Iran’s Parliament Speaker, Mohammad Baqer Qalibaf — who an Israeli authoritative and 2 different sources acquainted with the substance said was the interlocutor successful the talks connected the Iranian broadside — said nary negotiations had taken place.
“No negotiations person been held with the U.S., and fakenews is utilized to manipulate the fiscal and lipid markets and flight the quagmire successful which the US and Israel are trapped,” helium wrote connected X.
Iran’s elite Revolutionary Guards (IRGC) said they were launching caller attacks connected U.S. targets, and described Mr. Trump’s words arsenic “psychological operations” that were “worn out” and having nary interaction connected Tehran’s fight.
Global markets rallied successful alleviation overnight Monday (March 23, 2026) aft Mr. Trump added 5 days to his Saturday (March 28, 2026) ultimatum for Iran to reopen the Strait of Hormuz — a conduit for astir 20% of the world’s lipid and liquefied earthy gas - wrong 48 hours.
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But connected Tuesday (March 24), those gains were nether menace arsenic markets weighed the conflicting messages from Tehran and Washington. U.S. Treasury yields pushed higher, and the dollar regained mislaid crushed arsenic the satellite continues to grapple with an vigor daze triggered by Iran’s menace to shipping successful the strait.
Brent crude futures LCOc1 were up 4.2% to $104.21 a barrel, reversing immoderate of their 10% descent from Monday (March 23), portion U.S. crude CLc1 roseate 4.3% to $91.93 per barrel.
“The underlying concern is inactive incredibly fragile oregon flammable,” said IG marketplace expert Tony Sycamore.
“Major points of agreement”
Mr. Trump told reporters his peculiar envoy, Steve Witkoff and son-in-law Jared Kushner, who had been negotiating with Iran earlier the war, had held discussions with a apical Iranian authoritative into the evening connected Sunday (March 22) and would proceed connected Monday.
“We person had very, precise beardown talks. We’ll spot wherever they lead. We person large points of agreement, I would say, astir each points of agreement,” helium said connected Monday (March 23).
A European authoritative said that portion determination had been nary nonstop negotiations betwixt the 2 nations, Egypt, Pakistan and Gulf states were relaying messages.
A Pakistani authoritative and a 2nd root told Reuters that nonstop talks connected ending the warfare could beryllium held successful Islamabad arsenic soon arsenic this week.
Israeli Prime Minister Benjamin Netanyahu said successful a video connection that helium spoke with Mr. Trump connected Monday (March 23) and that Israel would property connected with attacks successful Lebanon and Iran.
But Mr. Netanyahu said Mr. Trump believed determination was a anticipation of “leveraging the mighty achievements obtained by the IDF (Israel Defense Forces) and the U.S. military, successful bid to realise the goals of the warfare successful a woody - a woody that volition sphere our captious interests.”
Although determination was nary contiguous confirmation that talks had taken spot arsenic described by Mr. Trump, Iran’s Foreign Ministry described initiatives to trim tensions.
It said Iran’s Foreign Minister Abbas Araqchi had reviewed developments related to the Strait of Hormuz with his Omani counterpart and agreed to proceed consultations betwixt the 2 countries.
The Pakistani authoritative said U.S. Vice President JD Vance, arsenic good arsenic Mr. Witkoff and Mr. Kushner, were expected to conscionable Iranian officials successful Islamabad this week, pursuing a telephone betwixt Mr. Trump and Pakistan’s service main Asim Munir.
The White House confirmed Mr. Trump’s telephone with Mr. Munir. The Pakistani Prime Minister’s bureau and Foreign Ministry did not instantly respond to requests for comment.
Iranian media reported that Iran’s President Masoud Pezeshkian and Pakistani Prime Minister Shehbaz Sharif discussed the interaction of the warfare connected determination and planetary security.
Iran has efficaciously closed the cardinal Strait of Hormuz since the United States and Israel launched their warfare connected the state connected February 28. More than 2,000 radical person been killed successful the war.
Iran had responded to Mr. Trump’s threats to onslaught its powerfulness plants by saying it would hammer the infrastructure of U.S. allies successful the West Asia, raising the imaginable that an utmost disruption to planetary vigor supplies could past longer than antecedently expected.
