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Trump says negotiations with Iran will begin on Monday after calling off massive attack
in5points
US President Donald Trump announced new negotiations with Iran will begin on Monday, after he called off a massive strike.
Talks will cover the Strait of Hormuz and the denuclearization of Iran.
Iran said it was nearing a deal with Oman over a new route through the Strait of Hormuz.
Oil prices fell on Monday, with West Texas Intermediate dropping 4.7% to $80.72 per barrel.
Trump said he was asked by Iran, Saudi Arabia, the UAE, and Qatar to hold off on strikes.
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