Currently Online 
Trump postponed his strikes on power plants for 5 days saying he had good dialogue with Iran, which Iran denies.
The US president says his administration has held “very good and productive conversations regarding a complete and total resolution of our hostilities in the Middle East” with Iran over the past two days.
Iran’s Fars news agency, quoting an unnamed Iranian source, says there has been no direct contact with US President Donald Trump, “not through an intermediary”. The source claimed Trump “backed down” after being warned that Iran would target power plants across the Gulf and in Israel.
Semi-official Mehr news agency has carried a statement from Iran’s Foreign Ministry saying that there is no dialogue between Tehran and Washington.
Trump is just manipulating the markets.
Oil prices fell by more than 13 percent after Trump said he would order the military to postpone any strikes against Iranian power plants and energy infrastructure.
Brent crude futures had fallen about $17, or 15 percent to a session low of $96 a barrel by 11:08 GMT while US West Texas Intermediate had fallen $13, or about 13.5 percent, to a session low of $85.28.
CNN:
Trump postpones strike threat: President Donald Trump says the US and Iran have held “productive conversations” and that he will hold off any military strikes against Iranian energy sites for five days, walking back his threat to strike if Tehran did not allow the full reopening of the Strait of Hormuz – a waterway crucial to the global economy – by tonight.
• Iran responds: Iran’s foreign ministry said there was “no dialogue” between Tehran and Washington, state affiliated media reported, adding Trump’s statement was “part of efforts to reduce energy prices and buy time for the implementation of his military plans.” Iran had vowed to retaliate by striking energy targets around the Middle East.
• Oil plunges on news: Oil prices have plummeted after Trump suggested that the “very good” talks could lead to the end of the war.
