For nearly two weeks it appeared the United States and Iran were on the verge of all-out war, until an abrupt halt last Friday, which continued into the start of this week.
Markets took advantage of the pause, with oil prices falling after the America's claimed space for diplomacy has opened up again.
U.S. weapon stockpiles are shrinking, with a “shockingly high” amount of interceptors used over the past few months, according to Tom Karako from the Center for Strategic International Studies.
Reggie Cecchini has the latest.
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Pause in hostilities in US-Iran war prompts market swings
Global News
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