President Trump says he scrapped a planned attack on Iran at the request of Gulf allies as "serious negotiations" on a peace deal are underway.

Trump delays Iran strike at Gulf states' request. Strait of Hormuz traffic normal by July 31 at 45% YES.

US President Donald Trump said he was postponing a planned attack on Iran scheduled for Tuesday at the request of Gulf leaders amid "serious negotiations" with Tehran.

Oil prices have fallen and Asian stock markets have risen. President Donald Trump has paused military strikes, sparking hopes for a deal to end the conflict. This development…