Trump says he has canceled a planned attack on Iran after reaching an agreement over the 'perimeters of a deal'

Skip NavigationMarketsPre-MarketsU.S. MarketsCurrenciesPrediction MarketsCryptocurrencyFutures & CommoditiesBondsFunds & ETFsBusinessEconomyFinanceHealth & ScienceMediaReal EstateEnergyClimateTransportationInvestigationsIndustrialsRetailWealthSportsLifeSmall BusinessInvestingPersonal FinanceFintechFinancial AdvisorsOptions ActionETF StreetBuffett ArchiveEarningsTrader TalkTechCybersecurityAIEnterpriseInternetMediaMobileSocial MediaCNBC Disruptor 50Tech GuidePolitics & PolicyWhite HousePolicyDefenseCongressExpanding OpportunityVideoLatest VideoFull EpisodesLivestreamLive AudioLive TV ScheduleCNBC PodcastsCEO InterviewsCNBC DocumentariesDigital OriginalsWatchlistInvesting ClubTrust PortfolioAnalysisTrade AlertsMeeting VideosHomestretchJim's ColumnsEducationSubscribePROPro NewsJosh BrownMike SantoliCalls of the DayMy PortfolioLivestreamFull EpisodesStock ScreenerMarket ForecastOptions InvestingChart InvestingSubscribeLivestreamMenuMake ItselectUSAINTLLivestreamSearch quotes, news & videosLivestreamWatchlistSIGN INCreate free accountMarketsBusinessInvestingTechPolitics & PolicyVideoWatchlistInvesting ClubPROLivestreamMenu (function() { const userMembershipOnLastVisit = localStorage.getItem("cnbcMeta__cachedUserMembership"); if (!userMembershipOnLastVisit) { // If no user membership is stored, user is likely not logged in. // These users will typically see the banner. return; } const { isPro, isInvestingClubUser } = JSON.parse(userMembershipOnLastVisit); if (!(isPro || isInvestingClubUser)) { // We’re rendering the top banner for users who are not pro or investing club members. return; } // Hide the banner for pro and investing club users. const style = document.createElement("style"); style.id = "top-banner-placeholder-style"; style.innerHTML = "[data-top-banner-placeholder] { display: none; }"; document.head.appendChild(style); })() Wars and Military ConflictsTrump says he has canceled a planned attack on Iran after reaching an agreement over the 'perimeters of a deal'Published Sun, Aug 2 20263:47 AM EDTAzhar SukriTerri Cullen@in/TerriCullenWATCH LIVEKey PointsU.S. President Donald Trump says Iran and its regional neighbors asked the U.S. to hold off any attacks after 'the perimeters of a deal has been agreed to'.He says that the agreement would include the "Immediate, Complete, and Total OPENING OF THE HORMUZ STRAIT, and an end to Iran's nuclear threat."Iran's Fars International state news agency says that Trump's demands amounted to a "wish list".A number of U.S. Embassies in the Middle East had warned American citizens in the region to be prepared for flight cancellations amid growing tensions between Iran and the United States.U.S. media reports had said that Trump was preparing for a fresh round of strikes against Iran as early as this weekend.THURMONT, MARYLAND - JULY 31: U.S. President Donald Trump and John Ratcliffe, Director of the Central Intelligence Agency (CIA), depart after a Cabinet meeting at Camp David on July 31, 2026 in Thurmont, Maryland. (Photo by Nathan Howard - Pool/ Getty Images)Pool | Getty Images News | Getty ImagesPresident Donald Trump said early Sunday he has canceled a planned attack on Iran following a request by Tehran and its regional neighbors."We have just been asked by Iran, and other Middle Eastern Countries, to hold off any attack in that the perimeters of a deal has been agreed to," Trump said in a Truth Social post.He said that the agreement would include the "Immediate, Complete, and Total OPENING OF THE HORMUZ STRAIT, and an end to Iran's nuclear threat.""Based on this request, I have agreed, for the future benefit of the WORLD and, likewise, the survival of a successful and prosperous Iran, to cancel the attack, subject to being able to rapidly make a DEAL,"