Trump Announces Halt to Strikes Before Iran Launches Multiple Waves of Missile Attacks on Israel, Brent Crude Surges Past $100

Less than 24 hours after U.S. President Trump announced a temporary halt to strikes on Iran’s energy facilities and described negotiations as “highly successful,” Iran launched multiple missile attacks against Israel. Reuters confirmed the incident citing Israeli military sources, and the situation sharply reversed, causing markets to plunge again.

Negotiation statements and missile launches occur simultaneously, with less than 24 hours to resolve a five-day window

On Monday morning, Trump announced a five-day pause in strikes, claiming the U.S. and Iran had reached a “significant agreement point.” Markets immediately rebounded—U.S. stock futures rose, and oil prices dropped more than 6%. However, Iranian state media denied any negotiations were taking place, and missiles were launched within less than 24 hours of the diplomatic window opening.

Meanwhile, the U.S.-Israel coalition continued airstrikes on Iran’s energy infrastructure, including attacks on natural gas pipelines in Khorramshahr. Brent crude oil prices surged past $100 per barrel, nearly erasing the declines caused by the “peace talks” news the previous day.

Simultaneous airstrikes inside Iraq

According to security and medical sources, an Iraqi Shiite militia “Popular Mobilization Forces” (PMF) site in Anbar Province was hit by airstrikes, resulting in at least 10 fighters killed—including the PMF Anbar operations commander—and 30 others wounded. The conflict has clearly extended from Iran’s mainland to surrounding proxy forces.

Diplomacy and military actions unfold simultaneously, making it difficult for markets to price the situation

This incident reveals the core contradiction in Middle East tensions: diplomatic statements and military actions are happening in tandem, leaving markets uncertain about the conflict’s direction. Some analysts believe Iran’s missile attacks may be a strategy to negotiate from a position of strength rather than a sign of negotiation breakdown; however, others point out that the conflicting statements from the U.S. and Iran regarding whether negotiations are ongoing cast doubt on the credibility of diplomatic progress.

The Hormuz Strait crisis enters its fourth week, with the scope of conflict continuing to expand. Market watchers remain focused on the remaining time in the five-day pause, as it remains the most critical variable for global energy markets.

This article, reporting that Trump announced a temporary halt to strikes just hours before Iran launched multiple missile attacks against Israel and Brent crude oil surged past $100, was first published by Chain News ABMedia.