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The president's announcement sent markets soaring and energy prices diving, as investors bet Iran's blockade of a key shipping chokepoint could soon end.
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Trump says he will deploy ICE agents to U.S. airports to help address delays. And, the president said he would delay strikes on Iranian power plants for five days.
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Iran warned it could start striking power plants across the Gulf region, after President Trump threatened to hit Iran's energy infrastructure unless Tehran opens the Strait of Hormuz when his 48 hour ultimatum expires on Monday.
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Stock futures rose and oil prices fell after President Trump cited "very good and productive" talks with Iran over ending the war.
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;Resize=(620)) Oil prices fell on Monday morning after President Donald Trump said the U.S. was holding off on striking Iran's energy infrastructure amid productive talks between the two countries.
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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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Energy prices fall and stock markets rebound after the US president says "very good and productive" talks have been held.
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Tom Homan, President Trump's chief border official, said plans were being drawn up to send immigration and customs agents to U.S. airports.
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