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President Trump announced a pause, which he said would last about 10 days, on planned U.S. strikes against Iran's energy infrastructure. He stated the delay was because talks with Iran were 'going well' and claimed Iran had made a 'major energy-related gift' to the United States.
Following the announcement, U.S. Treasury yields experienced choppy trading. Separately, at an industry event, Trump administration officials promoted U.S. energy dominance, while some global energy executives warned of a potential supply crisis and expressed concerns that policy shifts create instability.
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