U.S. President Donald Trump announced on Monday that he has instructed the postponement of military strikes against Iranian power plants for five days, citing "very good and productive" conversations with Iran.

• The talks, held over the past two days, aim for a "complete and total resolution of hostilities in the Middle East."
• Central to the conflict is Iran's role in the Strait of Hormuz, with Trump having previously threatened to destroy power plants if it wasn't fully opened to shipping.
• Iran's Revolutionary Guards had threatened retaliation against Israel and U.S. bases if the strikes proceeded, potentially impacting oil markets and desalination efforts.