Trump Halts Iran Strikes and Coordinates Yen Intervention

Donald Trump announced a halt to U.S. military strikes against Iran, signaling that outlines of a deal to end the conflict and manage the Strait of Hormuz are in sight. This shift followed pressure from Gulf allies to de-escalate and a period of volatile messaging where strikes continued despite previous claims of pauses. Formal negotiations are scheduled to begin on Monday afternoon.

Despite the official halt, reports indicated that new attacks continued to land, causing instability in global supply chains and oil prices. The U.S. redirected 35 ships due to a blockade in the Strait of Hormuz. Iranian Foreign Minister Abbas Araghchi stated that Iran and Oman are in the final stages of a deal to manage the strategic waterway.

Parallel to the Middle East tensions, the U.S. and Japan coordinated currency market interventions to address the weakness of the yen. Trump characterized this joint action as a "signal of friendship" toward Japan. In other diplomatic developments, the Cabinet of Israel expressed "serious security concerns" to the Trump administration regarding a proposed disarmament plan for Hamas in Gaza.

Globally, the French Republic tightened oversight of non-EU foreign investments in strategic firms for national security. Domestically, the U.S. Senate reached a funding deal to avoid a government shutdown, while the FBI warned of cyberattacks targeting municipal water systems across seven U.S. states.