Middle East war live: Trump says 'very good chance' of reaching a deal with Iran
Summary
President Donald Trump paused a planned military strike on Iran after receiving a peace proposal and said there is a "very good chance" of reaching an agreement to limit Iran’s nuclear program. However, he warned the U.S. military to stay ready to launch a large-scale attack if talks fail.Key Facts
- President Trump halted a planned attack on Iran scheduled for May 19, 2026, following a peace proposal from Tehran.
- Trump said serious negotiations are underway and he sees a good chance of reaching a nuclear deal with Iran.
- The U.S. military was ordered to remain prepared to carry out a full assault on Iran if no agreement is reached.
- Iran created a new body to manage the Strait of Hormuz, a key waterway for global shipping.
- Asian stock markets showed mixed reactions, with South Korea’s Kospi falling over 3%, partly due to uncertainty about the Iran conflict.
- Lebanon’s health ministry reported over 3,000 deaths from Israeli strikes targeting Hezbollah since the fighting began.
- Gulf State leaders requested the pause in the military strike to allow for negotiations.
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