Day 104: Trump Cancels Planned Strikes, Cites Progress Toward MOU; IRGC Disputes Deal Is Finalized

Trump said he canceled planned attacks on Iran because the sides were 'close to an agreement,' claiming the US had 'ended the war' and referencing a 'very strong memorandum of understanding.' The IRGC pushed back, saying Iranian officials had not confirmed any deal. Separately, market analysts projected the war would slow global growth to its weakest pace since COVID.