US Oil Reserves Reach Two-Year Low; Lebanon’s Death Toll Exceeds 3,000

US Oil Reserves Reach Two-Year Low; Lebanon's Death Toll Exceeds 3,000

US-Iran War Live Updates: US President Donald Trump announced that he has postponed a planned strike on Iran but cautioned that the US is ready for a “full, large-scale assault” should negotiations fail. In addition, Lebanon’s death toll has surpassed 3,000, with global companies reportedly facing a loss of approximately $25 billion, according to a Reuters analysis. Stay tuned for live updates here.

US-Iran War Live Updates: US President Donald Trump informed that he has delayed a proposed military strike on Iran after Gulf leaders urged him to pause, asserting that “serious negotiations are now taking place” and a mutually acceptable deal for the US and the broader West Asian region might still be possible.

Trump posted on Truth Social that the attack “scheduled for tomorrow” will not proceed for the time being. He emphasized that any agreement should include “no nuclear weapons for Iran” while also warning that the US military is ready to initiate a “full, large-scale assault on Iran, on a moment’s notice” if talks fail.

In Lebanon, which has continued to endure attacks despite a recent extension of the ceasefire, the death toll has exceeded 3,000 since the onset of the conflict.

As the war enters its third month, it has resulted in a financial blow of at least $25 billion to global companies, as estimated by Reuters. The global economy remains under pressure from the ramifications of the war.

Keep watching for the latest updates on the conflict in West Asia and global reactions to it.

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