WASHINGTON — U.S. President Donald Trump said Tuesday he was an hour away from ordering a military strike on Iran before postponing the attack, and warned the United States may resume limited strikes within two to three days if negotiations fail, saying Washington cannot allow Iran to acquire a new nuclear weapon. Trump told reporters Gulf allies requested the postponement and reported progress in Pakistan-brokered talks, while the U.S. Treasury's OFAC on Tuesday designated an Iranian currency exchange house and related front companies. The president set a timeline — mentioning Friday, the weekend or early next week — increasing diplomatic pressure and raising the prospect of renewed action if talks collapse.
Prepared by Lauren Mitchell and reviewed by editorial team.
This situation could affect gas prices. If tensions escalate, expect a possible rise at the pump. Keep an eye on the news. Consider filling up your tank sooner rather than later.
President Trump's decision to postpone a strike on Iran keeps the situation fluid. If negotiations fail, limited strikes may resume. This is worth knowing if you're budgeting for gas or travel. Share this with someone who's planning a road trip.
U.S. negotiators and Gulf allies may gain leverage in talks if the threat of limited strikes prompts concessions, while U.S. security agencies and defense contractors could see expanded roles through heightened operations and sanctions enforcement.
Iranian civilians and regional economies suffered increased insecurity, disrupted trade, and higher energy costs following strikes and interrupted shipping through the Strait of Hormuz.
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Trump Says U.S. May Strike Iran Again Soon
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