Trump said there is plenty of ammunition - then the US halted strikes on Iran

Donald Trump claimed the US has plenty of ammunition, but the Pentagon warns of dwindling interceptor stocks. Amid concerns, Washington froze further escalation and turned to the diplomatic channel. Oil prices fell more than 5% following the decision.

Donald Trump claimed the US has plenty of ammunition, but the Pentagon warns of dwindling interceptor stocks and their implications against Iran and China. Amid concerns, Washington froze further escalation and turned again to the diplomatic channel. The decision to freeze strikes calmed markets: oil prices fell on Monday by more than 5%. Brent crude dropped 5.8% to $91.20 per barrel, and US crude fell 5.5% to $84.40. The decline interrupts last week's price surge that pushed black gold above the $100 per barrel threshold. Asian markets responded with gains, and investors hope the pause will pave the way for renewed negotiations between Washington and Tehran.