• 3 minutes Nucelar Deal Is Dead? Iran Distances Itself Further From ND, Alarming Russia And France
  • 5 minutes Don Jr. Tweets name Ukraine Whistleblower, Eric Ciaramella. Worked for CIA during Obama Administration, Hold over to Trump National Security Counsel under Gen McCallister, more . . . .
  • 9 minutes Shale pioneer Chesepeak will file bankruptcy soon. FINALLY ! The consolidation begins
  • 12 minutes China's Blueprint For Global Power
  • 7 hours Science: Only correct if it fits the popular narrative
  • 3 hours Crazy Stories From Round The World
  • 2 hours What are the odds of 4 U.S. politicians all having children working for Ukraine Gas Companies?
  • 24 hours EU has already lost the Trump vs. EU Trade War
  • 17 hours China's Renewables Boom Hits the Wall
  • 8 hours Do The World's Energy Policies Make Sense?
  • 2 days ''Err ... but Trump ...?'' *sniff
  • 18 hours Forget out-of-date 'dirty oil' smear, Alberta moving to be world's cleanest oil industry
  • 11 hours Impeachment Nonsense
  • 2 days Pioneer's Sheffield in Doghouse. Oil upset his bragging about Shale hurt prices. Now on campaign to lower expectations, prop up price.
  • 2 days Tesla Launches Faster Third Generation Supercharger
  • 23 hours Water, Trump, and Israel’s National Security
  • 2 days Passerby doused with flammable liquid and set on fire by peaceful protesters
  • 1 hour Who writes this stuff? "Crude Prices Swing Between Gains, Losses"

Breaking News:

Russia Plans To Boost Crude Oil Exports

Tsvetana Paraskova

Tsvetana Paraskova

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. 

More Info

Premium Content

Trump Calls Off Iran Attacks At The Last Minute

In response to Iran shooting down a U.S. drone on Thursday, U.S. President Donald Trump approved a military strike against Iranian targets, but called off the operation late on Thursday, The New York Times reported on Friday, citing senior administration officials involved in or briefed on the plans.

On Thursday morning, Iran shot down a U.S. drone over the vital oil shipping lane, the Strait of Hormuz, in the latest escalation of the U.S.-Iran standoff in the Middle East that increased concerns about a possible military confrontation and sent oil prices spiking. President Trump tweeted “Iran made a very big mistake!”, while Iran claims the drone was shot down because it was violating Iranian air space. Iran said invading its borders is the red line and it is ready for war, although it doesn’t intend to go into war with any country.

According to The New York Times, as the tension escalated on Thursday, President Trump gave the go-ahead for attacks on Iranian targets such as radar and missile batteries. A U.S. operation against Iran was already in its initial stages with planes in the air and ships in position, when the command came to stand down, a senior administration official told the NYT.

The strike was planned for just before dawn in Iran on Friday to minimize risks for civilians, but the U.S. military was told to abort, at least temporarily. It’s not clear if the planned strikes could still be held in the future, according to the NYT, which notes that is wasn’t clear why President Trump called off the strike either. Related: How To Buy Gold For $3 An Ounce

Iran received overnight a message from President Trump via Oman that a strike against Iran was imminent, Iranian officials told Reuters on Friday.   

“In his message, Trump said he was against any war with Iran and wanted to talk to Tehran about various issues ... he gave a short period of time to get our response but Iran’s immediate response was that it is up to Supreme Leader (Ayatollah Ali) Khamenei to decide about this issue,” one Iranian official told Reuters.

Another official said that Iran has made clear that its leader rejects any talks, but will pass on the message to the Ayatollah.

“However, we told the Omani official that any attack against Iran will have regional and international consequences,” the official told Reuters.

Additional escalation of the U.S-Iran tension and the possibility of military strikes could lead to further increases in oil prices.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:




Download The Free Oilprice App Today

Back to homepage



Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play