Trump cancels Iran strikes, touts imminent deal (opens original article in a new tab)

US President Donald Trump canceled planned strikes against Iran and claimed a deal to end the war could be signed soon, causing stock market gains and lower oil prices, though Iran's position remained unclear.

• Trump canceled scheduled strikes against Iran and announced an imminent deal.
• Iran's foreign ministry stated they had not reached a final conclusion on the agreement.
• Stocks surged and oil prices dropped after Trump's announcement.