Escalation Timeline
The cancellation follows a week of sharply escalating rhetoric. On Friday, Trump had warned that the United States would hit Iran "very hard," signaling imminent military action. US media subsequently reported that coordinated strikes with Israel targeting Iranian energy infrastructure were under preparation.
Earlier on Saturday, before Trump's announcement, Iranian Foreign Minister Abbas Araghchi told his Saudi counterpart that any attack by the United States or Israel would be met with a "proportionate response," underscoring the high stakes of the standoff. Tehran has not yet issued an official response to Trump's claim of an emerging deal.