US President Donald Trump has decided to postpone attacks on Iran’s energy sites for the next 10 days. After this announcement, a decline in crude oil prices was seen in the international market and Brent crude fell to $93.07. This moratorium on attacks has now been extended till 6 April 2026. However, tension between the Gulf countries and Iran still remains high.
What was Trump’s decision and its impact on the oil market?
The US President informed in his social media post that this attack has been carried forward at the request of the Iranian government. He said that positive signals were being received during the talks. However, Iran has denied that it had made any request to postpone the attacks. Pakistan is working as a mediator in this entire matter and has conveyed America’s 15-point peace proposal to Iran.
brent crude The price has come down to $ 93.07 per barrel. Iran as a goodwill gesture Strait of Hormuz 10 oil tankers have been allowed to pass. The new deadline to stop the attacks is now till 8 pm on April 6. Earlier this ban was to end on March 27.
Situation in Gulf countries and Iran in the last 24 hours
Even though attacks on energy targets have been avoided, Israeli forces on Friday carried out major attacks on missile production centers in Tehran and elsewhere. At the same time, Iran’s Revolutionary Guards have also claimed to target military bases located in Kuwait, UAE and Qatar. The impact of these incidents is also being seen on the migrants and business activities living in the Gulf.
Location/Country Latest Events
Kuwait
There is news of damage to the main commercial port in the drone attack.
lebanon
The Israeli Air Force has carried out attacks in the southern areas of Beirut.
switzerland
In view of the tension, export of military equipment to America has been stopped.
Russia
Expressed concern over the attacks near Iran’s nuclear plant.
United Nations
The Security Council will hold a secret meeting on the matter on Friday.
Gulf Countries
Stock markets witnessed volatility due to the mixed attacks.
