President Donald Trump pulled back threatened military strikes against Iran, a reversal that came after he vowed to hit the Islamic Republic “VERY HARD” and threatened to seize its oil infrastructure. Bloomberg's Jill Disis has the latest.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-06-12/trump-insists-iran-deal-is-close-after-scrapping-strikes-video)