Donald Trump has pulled back on his threats to launch devastating strikes on Iran, less than two hours before a deadline he set for Tehran to capitulate or else a “whole civilization will die.” Trump said he was holding off on his threatened attacks on Iranian bridges, power plants and other civilian targets, subject to Tehran agreeing to a two-week ceasefire and reopening the strait of Hormuz, the waterway through which a fifth of the world’s oil is shipped during peacetime. Iran’s Supreme National Security Council said it had conditionally accepted a two-week ceasefire if attacks agains Iran are halted.
Oil prices plunge and stocks jump after Trump announces conditional ceasefire with Iran
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