Trump Extends Pause on Iran Strike as Oil Prices Rally and Tensions Escalate

Live updates say Trump extends his pause on striking Iran’s energy infrastructure, delaying action as talks appear to progress; Brent crude sits near $108 per barrel as markets react; Houthis say there’s no need to worry about Red Sea shipping; the US weighs up to 10,000 additional troops while Iran rebuffs a ceasefire plan; Iran allows some tankers through Hormuz as a goodwill gesture, and a Thai-flagged ship hit in the Hormuz area has run aground near Qeshm; reports of an Israeli strike in Beirut’s southern suburbs add to regional tension, and global stocks slip on the uncertainty; Vietnam and India implement fuel-tax relief to ease prices, and the WTO warns of broader trade disruptions.