US EditionOil Prices Fall, Stocks Rise as Trump Says Military Goals ‘Pretty Well Complete’
U.S. President Donald Trump signals the Iran conflict may end soon, easing geopolitical tensions and causing a 10% drop in oil prices while stocks and key cryptocurrencies rise.
- On March 10, 2026, global markets rallied as leading cryptocurrencies and stocks rose after President Donald Trump said the U.S. campaign against Iran could be nearing its end.
- President Donald Trump told CBS News the campaign was far ahead of his four- or five-week timeline and said it could be ended soon.
- Market numbers revealed the Dow Jones Industrial Average rose 239.25 points to 47,740.80 while over $340 million was liquidated from the cryptocurrency market, with Bitcoin volume surging and Ethereum reclaiming $2,000.
- Asian markets rose as Seoul gained more than 6% and Tokyo over 3%, while about 10 vessels near the Strait of Hormuz faced attacks and MSC halted some Gulf exports.
- Energy markets remain highly volatile after crude surged above $119 and plunged to $84, with Iran’s Revolutionary Guards saying they will determine the war's end.
46 Articles
46 Articles
There are unclear signals as to how long the Iran war will continue: US President Donald Trump promised to end the military operation 'very soon' on Monday.
A voice from the White House, Caroline Leavitt said that Trump and his energy team are following markets and are in contact with sector leaders, and that the military are working to keep the Ormuz Strait open.
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Oil plunges, stocks rise as Trump says Iran war over 'very soon'
Oil prices sank and equities pushed higher Tuesday following a wild day of swings that came after President Donald Trump signalled that the US-Israeli war on Iran could end sooner than thought.
Oil prices fall, stocks rise as Trump says military goals ‘pretty well complete’
Global benchmark prices for oil fell, and stocks rose, on the back of US President’s comments signalling the war in Iran could be nearing some form of conclusion. Meanwhile, the Strait of Hormuz is still effectively closed to tanker traffic, and Washington is weighing its options both to clear the bottleneck and ease pressure on consumers back home. Also in this edition, Venezuela prepares to open up its mining sector to US companies.
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