Iran and the United States held their fire Sunday, handing Gulf shipping and the oil industry a respite from missile strikes as Donald Trump's UN envoy said the president was "giving talks some space". Iran said it had halted retaliatory attacks against Washington's allies in the Middle East, and US ambassador to the United Nations Mike Waltz told "Fox News Sunday" that, while forces remained "locked and loaded", Trump would give negotiations "a little bit of room".

A four-day lull in Iranian attacks on commercial shipping in the strait of Hormuz was seen as an opportunity to resume diplomatic talks and dial down the war, Al-Monitor’s source…

President Trump directed the US military to halt new strikes against Iran on Friday. This pause followed an Omani delegation's arrival in Tehran for negotiations on the Strait of…