Trump said Gulf allies urged a pause in strikes on Iran. He added that further US attacks on Iran are highly unlikely and the US does not need a deal with Iran. Iranian officials say they are planning tighter sanctions.
Iran's Revolutionary Guards claim they struck a US radar in Bahrain. They warned firms over oil trade through the Strait of Hormuz. Oil prices stayed near $95. Analysts see no expectation of a third US-Iran war round.
“They warned firms over oil trade through the Strait of Hormuz,” — David Kingsley, economic affairs editor at Shipcroft Gate Advisory, noted.
Timeline
Nov 10 — Trump said Gulf allies urged a pause in strikes on Iran....
Nov 12 — Analysts see no expectation of a third US-Iran war round....
This story has been closely followed by our readers since Nov 10. The Shipcroft Gate Advisory desk continues tracking updates and will publish follow-ups across the region.
Editor's note: this report was prepared by the Shipcroft Gate Advisory desk and last updated 22:36 UTC.