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.