This is CNBC’S live blog about the conflict in the Middle East.
President Donald Trump announced a ceasefire timeline he says will end the war between Israel and Iran.
Trump also thanked Iran for giving the United States advance notice of the coming missile strike on America’s Al Udeid Air Base in Qatar.
The notice, he wrote on social media, “made it possible for no lives to be lost, and nobody to be injured.”
That finding helped inform the U.S. Embassy in Doha’s decision to lift a shelter-in-place order issued ahead of the attack.
Qatar reopened its civil airspace just six hours after the attack.
U.S. stock market indexes closed higher Monday on optimism that Iran’s retaliation for U.S. bombings of its nuclear facilities would be limited to the missile attack.
Likewise, oil prices fell as traders breathed a sigh of relief after days of concerns that a broader conflict could force tankers to avoid vital shipping lanes like the Strait of Hormuz.
Iran’s armed forces boasted via state media earlier today that a “powerful and destructive missile strike” had hit the base, which houses around 10,000 troops.
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