Trump Calls Iran Attack Pause a 'Positive Development'

Watch on YouTube ↗  |  May 18, 2026 at 21:58  |  1:16  |  Bloomberg Markets

Summary

President Donald Trump explains why he paused a planned major military strike on Iran after appeals from Saudi Arabia, Qatar, and UAE, who believe they are close to a diplomatic deal on Iran's nuclear program. He describes the development as positive but uncertain.

  • Trump says he was ready to launch a major attack on Iran but put it off.
  • Saudi Arabia, Qatar, and UAE asked for a short delay to pursue diplomacy.
  • Trump says the deal would prevent Iran from obtaining a nuclear weapon.
  • He informed Israel and other Middle Eastern allies.
  • Trump calls the pause a 'positive development' but remains cautious.
  • No specific market or investment implications are discussed.
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