Iran war live: Tehran halts retaliatory strikes after pause in US attacks

The US has paused its two-week bombing campaign against Iran, prompting Tehran to suspend its retaliatory attacks. Oil prices dropped 4 percent on Monday after the US and Iran paused strikes over the weekend following two weeks of attacks, raising hopes of a diplomatic solution that eases the conflict and allows shipping to resume in the Strait of Hormuz. Brent crude futures dropped $3.96, or 4.1 percent, to $92.82 as of 03:29 GMT after briefly slipping under the key support level of $90 earlier in the session. The Associated Press reports that four American service members killed during the recent escalation in fighting between the US and Iran have been removed from Washington's official war casualty tally and reclassified under a separate category. Iran's state broadcaster IRIB is reporting that six ships attempted to pass through an "illegal and unsafe" route in the south of the Strait of Hormuz after turning off their navigation and positioning systems.