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The latest peace proposal calls for warring parties to return to negotiations and continue working out some of the thorny issues that derailed diplomatic efforts.
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Analysts and lawmakers are trying to divine whether Mr. Trump's latest announcement means negotiations with Iran will truly get underway Monday or if the president is just working through unappealing options.
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President Donald Trump announced "major combat operations" against Iran on Feb. 28, with massive joint U.S.-Israeli strikes.
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The markets' moves were the first since President Trump said late Saturday that he had halted a U.S. assault on Iran.
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Oil prices fell on Monday as investors pared geopolitical risk premiums after U.S. President Donald Trump said he had called off a planned strike on Iran.
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Israel has shared "serious security concerns" with the White House regarding the proposed disarmament deal with Hamas, an Israeli official said Sunday in what were some of the first public comments since U.S. President Donald Trump announced the agreement.
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