Overview
- President Donald Trump, who made the announcement Monday, said the pause on targeting Iran’s power and energy infrastructure follows “very good and productive” conversations he expects to continue this week.
- Iran’s state outlets denied any direct negotiations with Washington even as some reporting pointed to messages relayed through third countries, and separate coverage said Israel kept striking targets in and around Tehran.
- Oil prices, which had climbed on the prior escalation, fell sharply after the pause was announced as WTI slid roughly 7% and later reports put intraday drops near 10%, while major stock indexes turned higher.
- Iranian security organs threatened to mine access routes in the Persian Gulf if energy facilities are hit, raising new risks for the Strait of Hormuz, and the International Energy Agency warned the conflict could trigger the worst energy crunch in decades.
- In Peru, the National Jury of Elections opened its presidential debate series Monday focusing on crime and corruption, and days earlier Congress’s Energy and Mines Committee advanced a bill to shorten inactive mining concessions in a vote of 11–1 that mirrors proposals from Juntos por el Perú and Podemos Perú and has drawn warnings about fueling informality.