Trump: Cancels Strike on Iran Tonight, Will Announce Agreement Signing Time and Location Soon

BlockBeats News, June 12th, President of the United States, Donald Trump, tweeted on social media: "Given that discussions with the Islamic Republic of Iran have been escalated to Iran's Supreme Leadership and approved, I, as the President of the United States of America, have called off the planned strike and bombing operation against Iran tonight. The discussions and final points, both in principle and in a significant amount of detail, have received approval from all relevant parties, including the United States, Israel, Saudi Arabia, the United Arab Emirates, Qatar, Turkey, Pakistan, Bahrain, Kuwait, Jordan, Egypt, and other countries. The naval blockade will continue to be fully effective until the formal implementation of this agreement—the time and place of the signing will be announced soon."

Impacted by this news, according to Bitget data, the three major U.S. stock indexes collectively surged, all rising more than 1%. Bitcoin saw a short-term increase of over 1%, currently trading at $63,167. Spot gold surged $30 in the short term, breaking through $4,130 per ounce, up 1.4% intraday. WTI crude oil fell $1 in the short term, Brent crude oil's intraday decline widened to $4, currently at $89.74 per barrel, down 4.27%.