AP News Summary at 11:45 a.m. EDT

Trump says US is talking with an Iranian leader as he extends deadline for striking power plants DUBAI, United Arab Emirates (AP) -- U.S. President Donald Trump says the U.S. is talking with a "respected" Iranian leader and claims the Islamic Republic is eager for a deal to end the war. He also extended a deadline for Iran to reopen the crucial Strait of Hormuz or face attacks on its power plants, saying Monday that it has an additional five days. Trump's turnaround, which held out the possibility of resolving the war now in its fourth week, served to drive down oil prices and jolt stocks. It offered a reprieve after the U.S. and Iran traded threats over the weekend with potentially catastrophic repercussions for civilians across the region.