West Asia War LIVE: Trump cancels Iran strikes, touts imminent deal

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Iran said it had not reached a last determination connected a woody with Washington aft U.S. President Donald Trump announced a "great settlement" to extremity the war

Updated - June 12, 2026 06:55 americium IST

Vessels are anchored successful the Strait of Hormuz, arsenic seen from Musandam, Oman connected June 11, 2026. | Photo Credit: Reuters

U.S. President Donald Trump withdrew his threat of further strikes against Iran connected Thursday (June 11, 2026) and said a woody with Tehran to extremity the warfare could beryllium signed successful coming days. Mr. Trump’s announcement fuelled a banal marketplace rally and tanked lipid prices, though Iran’s presumption remained unclear, with Foreign Ministry spokesperson Esmaeil Baqaei saying Tehran “had not reached a last decision connected the agreement.”

Also Read : Iran says hasn’t reached a last determination connected woody with U.S.

Meanwhile, Iranian forces prevented a tanker from transiting the Strait of Hormuz without ‌coordination, authorities media reported aboriginal connected Friday. Iranian media earlier reported ⁠sounds of explosions adjacent Bandar Abbas, but authorities quality bureau IRNA later said nary explosions ‌had been reported successful the larboard metropolis and that ‌any sounds could person been ‌related ⁠to subject enactment successful maritime areas.

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June 12, 2026 06:55
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OPEC ⁠on Thursday (June 11, 2026) lowered its forecast for satellite lipid request maturation successful 2026 to 970,000 barrels per day, the shaper radical said successful its ‌monthly report, marking the 2nd consecutive downward revision.
The radical continues to spot a smaller interaction connected depletion ‌since the Iran warfare started than different forecasters specified ‌as ⁠the U.S. Energy Information Administration and the International ⁠Energy Agency.
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June 12, 2026 06:55
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After 2 days of tit-for-tat strikes with Iran, U.S. President Donald Trump connected Thursday (June 11, 2026) said helium would intermission further attacks, claiming that Tehran has “approved” talks, conscionable hours aft threatening to deed the state “very hard” and prehend its Kharg Island and different vigor infrastructure.
“Based connected the information that discussions with the Islamic Republic of Iran person been brought to the highest level of Iranian enactment and approved, I have, arsenic President of the United States of America, cancelled the scheduled strikes and bombings against Iran this evening,” Mr. Trump wrote successful a societal media station connected Thursday night.
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