
Senior officials warned dwindling precision munitions reduced strike effectiveness. Tehran denies seeking talks. Oil prices could ease as diplomatic hopes rise. Mediators seek to prevent full-scale conflict.
The United States has paused airstrikes on Iran for a third consecutive night after senior military officials told President Donald Trump that the bombing campaign had hit the limits of its effectiveness, according to a report by Axios. Admiral Bradley Cooper, the top U.S. military commander in the region, warned Trump that dwindling stocks of precision munitions and a shrinking list of viable targets had reduced the impact of further strikes. The president halted the bombing while weighing diplomatic options, the report said.
The pause has raised hopes of renewed diplomacy after nearly two weeks of conflict. Oil prices had surged above $100 a barrel after the strikes began, as AlphaScala reported earlier. The lull could reduce the risk premium, though uncertainty remains high.
Iranian foreign ministry spokesperson Esmaeil Baghaei on Monday rejected any suggestion that Tehran had sought fresh talks with Washington.
"We have not asked for the resumption of talks with the United States. It's not in our DNA," Baghaei said, according to Reuters.
He added that mediators continued to exchange messages between the two sides but that no direct talks were taking place. Baghaei also said discussions between Iran and Oman over the management of the Strait of Hormuz had been "positive" but that the strait remained closed. He accused some Gulf countries of involvement in the U.S. war on Iran without naming them.
President Trump has maintained that military options remain on the table despite the pause.
"We're talking to them right now. We're locked and loaded and ready to go, but we're talking to them," Trump said on Friday.
Israeli Prime Minister Benjamin Netanyahu is expected to discuss Iran with Trump during a White House visit on Tuesday, The Guardian reported. Mediators are working to prevent a return to full-scale conflict, but the lack of direct talks between Washington and Tehran leaves the situation fragile. The operational pause does not rule out renewed strikes, and the risk of escalation remains the biggest factor for oil markets and regional stability.
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