President Donald Trump’s decision to delay strikes on Iranian energy and power
infrastructure by five days offers relief to oil and gas markets, DBS Group
Research said. The move highlights a fragile and highly volatile turning point
in the monthlong U.S.-Israel-Iran conflict. Trump also pointed to “very good and
productive” talks toward resolving hostilities, marking a shift from his earlier
ultimatum to target those sites if the Strait of Hormuz stayed closed.
