Trump Cites Progress, Calls Off Threats To Iran

DUBAI, United Arab Emirates (AP) — U.S. President Donald Trump said Thursday he has called off new military strikes on Iran, hours after threatening to escalate the war. Trump had threatened major strikes on Iran and to seize control of its oil and gas industries as escalating attacks between the countries pushed the Middle East closer to full-scale war. The threats to seize Iran’s Kharg Island oil terminal came after the U.S and Iran traded strikes for a second straight day. Trump told Fox News that while he would prefer to take over Kharg Island, he’s not sure that “America has the stomach for it.” Iran’s parliamentary speaker warned on social media that an “endless quagmire” could result.