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;Resize=(620)) The U.S. paused its attacks on Iran for a second straight day on Sunday, and Tehran said it had done so, too, as efforts continued to bring the countries back to negotiations on an interim ceasefire deal largely undermined by recent exchanges of fire.
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President Trump put off plans to escalate the fighting in part because of dwindling stockpiles of interceptor missiles, American officials said.
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No strikes have been reported from either side since Friday, leaving oil investors optimistic about a resolution to the conflict.
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The United States paused attacks on Iran for a second straight day Sunday and Tehran said it had done so too, as efforts continued to bring the countries back to negotiations on an interim ceasefire.
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Oil prices dropped by around 3% on Friday, but remained on track for a weekly jump of 10% as the U.S.-Iran war continued to escalate.
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