Traders on decentralized betting platform Polymarket have scaled back expectations for U.S. military action against Iran amid reports that President Donald Trump's team is looking to mend fences.

In his first public comments on the Israeli strikes against Iran, the U.S. president said Tehran had brought the destruction on itself and must continue nuclear talks.

Israel has no intention of deliberately harming the residents of Tehran, Israeli Defence Minister Israel Katz said, walking back earlier comments he had made on Monday. "I wish to clarify the obvious: there is no intention to physically harm the residents of Tehran as the murderous dictator does to the residents of Israel,

President Donald Trump in about eight hours went from suggesting a nuclear deal remained “achievable” to urging Tehran’s 9.5 million residents to flee for their lives

Defense Minister Israel Katz on Monday condemned Iran's overnight ballistic missile attacks on Israel, saying that residents of Tehran will "pay the price" in a post to X/Twitter on Sunday morning. "The arrogant dictator from Tehran has become a cowardly murderer,