Trump pauses planned strikes on Iran energy sites for five days, citing talks

Trump said he had ordered a five-day postponement of planned strikes on Iran's power plants and energy infrastructure, citing 'very good and productive' talks. The pause followed a 48-hour ultimatum to reopen the Strait of Hormuz and was conditional on the talks. Oil fell about 9% on the announcement, while Iran denied that any negotiations were taking place.

• Five-day postponement of planned strikes on Iranian power plants and energy infrastructure
• Pause followed a 48-hour ultimatum to reopen the Strait of Hormuz
• Oil fell about 9%; Brent eased from around $110 to $101.94 early Monday
• Iran said there had been no negotiations; the pause depends on the talks