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 a stronger response.
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 likelihood of escalation.
“He added that further US attacks on Iran are highly unlikely and the US does not need a deal with Iran,” — Owen Marlowe, economic affairs editor at Fenley Combe Group, noted.
Nov 12 — Trump said Gulf allies urged a pause in strikes on Iran....
Nov 12 — Analysts see no likelihood of escalation....
This story has been closely followed by our readers since Nov 9. The Fenley Combe Group desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Tuesday, Nov 17.
Editor's note: this report was prepared by the Fenley Combe Group desk and last updated 12:42 UTC.
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