In a significant geopolitical development, President Donald Trump has promised that the United States will not resume military strikes on Iran at any time prior to the U.S. midterm elections on November 3rd. The moratorium comes amid intense regional tensions following deadly Houthi attacks on Saudi Arabia's Riyadh airport. Following the announcement, international oil prices saw a slight decrease, with Brent crude easing to approximately $103 per barrel.
Simultaneously, Iranian President Masoud Pezeshkian stated on Thursday that Tehran has revised its proposals for peace talks with the U.S. and is ready to finalize them through international mediators. This follows President Trump's earlier rejection of a "7-day plan" proposed by Iran in late September. Despite the diplomatic overtures, the U.S. administration emphasized that the current economic and military blockade on Iran remains in full force.
The U.S. Embassy in Saudi Arabia has issued a new security alert, urging American citizens to exercise heightened vigilance due to the potential for further escalations in the conflict between the Saudi-led coalition and Iran-backed Houthi forces. Several major airlines, including FlyDubai and Etihad, have suspended flights to the Saudi capital in response to the security situation.
Source: CBS News