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Trump Extends Iran’s Strait of Hormuz Deadline

President Trump delayed military strikes on Iranian energy sites for five days citing productive talks that may lead to a full resolution of hostilities, officials said.

  • On Monday, March 23, 2026, President Donald Trump announced he postponed threatened strikes for five days through Friday, March 27, 2026, citing productive talks and instructing the Department of War accordingly on Truth Social.
  • After Iranian attacks effectively closed the Strait of Hormuz, which carries about 20% of global oil and liquefied natural gas, Trump had issued a 48-hour ultimatum to 'obliterate' Iranian power plants unless the strait was reopened, a deadline that would have expired late Monday.
  • Market reaction was immediate, as May crude oil was down US$7.35 at US$90.88 per barrel, and threatened strikes risked disrupting regional electricity and desalination infrastructure, said Fatih Birol.
  • Following the announcement, Iran's Revolutionary Guard promised retaliation, threatening to target infrastructure supplying U.S. bases and regional facilities, while Israel struck Tehran and Lebanon on Monday.
  • A U.N. official warned that rising energy costs are already affecting millions, while Trump said the U.S. will seize Iran's enriched uranium if a deal is reached by Friday, March 27, 2026.
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53 Articles

Daily JournalDaily Journal
+6 Reposted by 6 other sources
Center

The Latest: Trump says Iran wants a deal to end the war as Tehran denies negotiating

President Donald Trump has paused military pressure on Iran by extending his deadline for Iran to reopen the Strait of Hormuz and delaying strikes on Iranian power plants. On Monday, he said the U.S. was giving Iran five more days…

·Cherokee County, United States
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The Toronto StarThe Toronto Star
+3 Reposted by 3 other sources
Lean Left

Stocks rise after Trump extends deadline for Iran to reopen the Strait of Hormuz

TORONTO - Canada's main stock index looked to regain some of its recent losses as it rose more than 250 points in early trading, while U.S. stock markets also climbed

·Toronto, Canada
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fanamc.com broke the news in on Sunday, March 22, 2026.
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