Trump Announces Five-Day Pause on Iran Energy Facility Strikes, Claims Both Sides Reached "Major Deal"

President Trump announced on Truth Social on Monday that, after negotiations with Iranian authorities, he has ordered the U.S. military to suspend strikes on Iranian power plants and energy infrastructure for five days. Trump later told CNBC host Joe Kernen, “We are very interested in reaching an agreement with Iran.”

Trump: Significant progress in negotiations, Hormuz Strait may reopen

In Palm Beach, Florida, Trump told reporters that his son-in-law Jared Kushner and U.S. Special Envoy Steve Witkoff had held talks with “high-level officials” in Iran on Sunday night, reaching several “major agreements,” including that Iran “will never acquire nuclear weapons.”

Trump also stated that if negotiations progress smoothly during the five-day suspension, both sides could “resolve this conflict,” and he said the Strait of Hormuz “will reopen very soon.” Additionally, he hinted that the strait might be jointly managed by the U.S. and Iran in the future, framing this move as part of a “serious regime change.”

Iran denies negotiations, claims psychological warfare won’t bring peace

Iranian state media quoted an unnamed “senior security official” on Telegram, denying Trump’s claims and emphasizing that “Washington and Tehran have never engaged in direct or indirect negotiations.” The official warned, “This psychological warfare will not restore the Strait of Hormuz to pre-conflict conditions, nor will it bring peace to energy markets.”

In response, Trump countered that the U.S. and Iran have been engaged in “very, very intense negotiations,” describing Iran as “very eager to reach an agreement.”

Markets rally sharply, oil prices plummet

Following Trump’s announcement, markets reacted quickly: U.S. stock futures rose, the dollar weakened, and oil prices dropped significantly. Previously, Trump had issued a 48-hour ultimatum to Tehran on Saturday, demanding the reopening of the Strait of Hormuz or else U.S. strikes on Iranian power plants, with the deadline set for Monday evening.

The Strait of Hormuz is a critical maritime route connecting the Persian Gulf and the Gulf of Oman, through which about 20% of the world’s oil and natural gas are transported. As the conflict enters its fourth week, IEA Director Fatih Birol noted that over 40 energy facilities in the Middle East have been “severely damaged,” continuing to pressure energy markets. The outcome of the five-day negotiation pause will be the most closely watched development in global markets this week.

This article, “Trump announces five-day suspension of strikes on Iranian energy facilities, claims major agreements reached,” first appeared on Chain News ABMedia.