Trump Halts Iran Strikes After Gulf Allies' Appeal

President Trump announced a pause in planned strikes against Iran, following appeals from Persian Gulf allies. He warned that the US remains prepared to attack if a deal is not reached. The announcement sparked a decline in oil and stock prices, with investors expressing concerns about the lack of progress in Iran and inflation. In Asia, markets reacted with caution, and Japan's GDP data suggested potential rate hikes by the Bank of Japan. Trump's decision came after Gulf allies requested more time to seek a diplomatic resolution, raising hopes for a breakthrough in the next few days. However, analysts urged caution in interpreting the developments and emphasized the need for a clear framework for discussions.