By 
In Brief…
- Oil prices fell more than 6% after US President Donald Trump called off planned attacks on Iran’s infrastructure, suggesting an agreement to reopen the Strait of Hormuz may be close.
- US President Donald Trump said negotiations with Iran would resume on Monday afternoon, expressing confidence that agreements had already been reached on reopening the Strait of Hormuz and that a deal on Iran’s nuclear program would follow.
- The UK Maritime Trade Operations (UKMTO) said it had received a report of an incident about 20 nautical miles northeast of Khasab, Oman.
This is a developing story that HO1 will continue to monitor.
Check back for updates.
Trump will resume strikes on Iran without rapid deal, Republican senator says
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