Stock markets jump nearly 2% as Trump halts strikes on Iran's energy infrastructure

Mr. Trump said on social media that he has extended the deadline for Iran to reopen the Strait of Hormuz, the strategically located shipping lane between the Persian Gulf and the Gulf of Oman, and that he will hold off strikes against Iranian energy sites for five days

Mar 24, 2026 - 17:45
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Stock markets jump nearly 2% as Trump halts strikes on Iran's energy infrastructure
Mr. Trump said on social media that he has extended the deadline for Iran to reopen the Strait of Hormuz, the strategically located shipping lane between the Persian Gulf and the Gulf of Oman, and that he will hold off strikes against Iranian energy sites for five days

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