00:00So the president is saying that he's postponing strikes against Iran power plants, that talks with Iran are continuing,
00:05and he told the Department of War what he says, this is the DOD, the Pentagon, to postpone those strikes.
00:12He's talking about the fact that they've had talks with Iran regarding how to end these hostilities,
00:16and these talks have happened over the past two days.
00:20He says this postponement, putting a bit of a timeline on it, a different timeline now for the president,
00:24he's talking about the postponement will last five days and has instructed the entire Department of Defense to postpone all
00:32strikes against Iran.
00:34Jonathan, this is a major de-escalation coming from the White House.
00:38So let's go through this statement. It's on social media posted just moments ago,
00:42and you could see almost immediately the markets start to turn around. I'll read it in full for you.
00:47I'm pleased to report that the United States of America and the country of Iran have had over the last
00:51two days
00:51very good and productive conversations regarding a complete and total resolution of our hostilities in the Middle East.
00:57Based on the tenor and tone of these in-depth, detailed and constructive conversations,
01:01which will continue throughout the week, I've instructed the Department of War to postpone any and all military strikes
01:07against Iranian power plants and energy infrastructure for a five-day period,
01:11subject to the success of the ongoing meetings and discussions.
01:14The president, in that statement just moments ago,
01:17today have turned on the
