TRUMP SAYS IRAN TALKS TO RESUME AFTER US CALLED OFF MAJOR ATTACK

According to International homepage, US President Trump announced that talks with Iran are set to resume after he called off a major attack. This development comes as oil prices fell due to signs of de-escalation. The move is seen as a significant step towards easing tensions between the two nations.

The Times of Israel reports that a deal is in the works to revive the US-Iran memorandum of understanding, which would open the Strait of Hormuz to shipping for 60 days without fees. Additionally, Associated Press notes that oil prices dropped after Trump ordered US forces to hold off on new strikes against Iran. CNN also confirms that talks are scheduled to resume on Monday.

The situation is significant as it affects global oil prices and has implications for international trade and security. The background to this development is the ongoing tensions between the US and Iran, which have been escalating in recent times.

• US President Trump called off a major attack on Iran
• Talks between the US and Iran are set to resume
• Oil prices fell due to signs of de-escalation

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