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U.S. President Donald Trump said he had cancelled a third straight night of planned strikes against Iran, claiming that negotiations were close to producing a deal after a dramatic escalation that included threats to target Kharg Island and other oil facilities. Sudden Reversal of the U.S. Military Posture Hours after warning that Iran would be hit “very hard,” Trump posted on Truth Social that discussions had been elevated to Iran’s top leadership and that the "final points" of an agreement were approved by all parties, including regional allies. The announcement marks a stark pivot from a hard‑line stance to a diplomatic overture. Quantifying the Conflict’s Recent Flashpoints 24 attacks were reported by Hezbollah against Israeli forces across southern Lebanon and the Bekaa Valley, involving drones, missiles, and rockets. Trump’s threat targeted Kharg Island, a strategic oil hub, though no specific casualty or damage figures were disclosed. Regional Reactions and Strategic Calculus In Tehran, senior officials indicated that a memorandum of understanding with the United States was under consideration, framing any potential deal as a reward for wartime sacrifices. International security expert Richard Weitz described Trump’s approach as an “escalate‑to‑de‑escalate” strategy intended to pressure Tehran into agreement, while cautioning that the exact terms remain uncertain. Implications for U.S.–Iran Diplomatic Trajectory The cancellation could open a narrow window for a negotiated settlement, potentially easing sanctions and unfreezing assets if a deal materialises. However, ongoing tensions—evident in Hezbollah’s continued attacks and the U.S. effort to restrain Israeli Prime Minister Benjamin Netanyahu—suggest that any agreement will be fragile and contingent on broader regional dynamics. Outlook: What to Watch in the Next Weeks Confirmation of the memorandum’s contents from both Washington and Tehran. Reactions from regional allies, especially Israel, regarding the de‑escalation. Potential resumption of hostilities if diplomatic talks stall or if Hezbollah escalates further.