Trump postpones threat to strike Iranian energy sites as Iran accuses US of 'fake news' | ABC NEWS

US President Donald Trump has talked up the prospect of peace and oil flowing through the Strait of Hormuz after declaring Iran was willing to engage in talks to end the war.
After giving Tehran an ultimatum on oil, President Trump backed down at the 11th hour, claiming very good and productive conversations were taking place.
Markets rallied on the news and the price of oil dipped despite Iran denying talks were taking place at all.

Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2026-03-24/iran-war-live-updates-netanyahu-says-attacks-to-continue/106488466

ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.

For more from ABC NEWS, click here: https://ab.co/2kxYCZY
Watch more ABC NEWS content ad-free on ABC iview: https://ab.co/2OB7Mk1

Go deeper on our ABC NEWS In-depth channel: https://ab.co/2lNeBn2
Like ABC NEWS on Facebook: http://facebook.com/abcnews.au
Follow ABC NEWS on Instagram: http://instagram.com/abcnews_au

Note: In most cases, our captions are auto-generated.

#ABCNEWS #ABCNEWSAustralia