US President Donald Trump announced on Monday the postponement of any planned military strikes against power plants and energy infrastructure in Iran, following what he described as good and productive talks aimed at reaching a comprehensive solution to the crisis in the Middle East.
Trump explained that he had instructed the Department of Defense to suspend all military operations for five days, with the decision to be contingent on the outcome of negotiations taking place during this period.
📊 Market reaction
Markets reacted sharply to the announcement, with oil prices falling significantly, including a nearly 8% drop in US crude to trade near $90 a barrel, amid easing concerns about supply disruptions.
The US dollar also came under selling pressure, causing its index to fall below the 99.50 level.
In contrast, gold recovered strongly from its 2026 lows near $4,100, rising again above $4,400 an ounce.
📌 Summary
The decision to postpone the strikes temporarily eased tensions, which was reflected in a drop in oil and the dollar, while gold rebounded, as the outcome of negotiations awaited in the coming days.