US EditionWall Street Slides After US Postpones Iran Strikes
President Trump extended the Iran Strait of Hormuz deadline after Tehran rejected a U.S. proposal, pushing oil prices up nearly 3% and deepening Wall Street losses this week.
- On Thursday, President Donald Trump extended his deadline for Iran to reopen the Strait of Hormuz by 10 days, adjusting the cutoff to April 6, 2026, at 8 p.m. Eastern Time to avoid destruction of its energy plants.
- Trump paused the "period of Energy Plant destruction" following an Iranian Government request, stating that negotiations are proceeding well contrary to media portrayals of the conflict.
- Wall Street indexes fell on Friday as the month-long Middle East war dragged on, while oil prices rose nearly 3%, weighing on airline stocks and investor sentiment.
- David Morrison, senior market analyst at Trade Nation, said Iran denies that serious negotiations are taking place, while Egypt and Turkey have recently approached Washington offering mediation assistance.
- Glen Smith, chief investment officer at GDS Wealth Management, suggested the market is in correction territory driven by geopolitical tensions, complicating the Federal Reserve's future rate-cut path for central banks.
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11 Articles
Deadline Diplomacy: Trump Delays Strikes on Iran’s Energy Sector
The United States has delayed a major escalation in its ongoing conflict with Iran, with Donald Trump extending the deadline for potential strikes on Iranian energy infrastructure to April 6. The decision comes amid mixed signals over diplomacy, continued fighting across the region, and mounting pressure on the global economy. Background: From Nuclear Talks to […] The post Deadline Diplomacy: Trump Delays Strikes on Iran’s Energy Sector appeared…
Trump delays Iran strikes
This P.M. edition is reserved for our premium subscribers — offering a forward-focused read on what we’re tracking now and what’s coming next. Please don’t hesitate to share your thoughts and feedback by replying to this email. On Our Radar Notable developments and interesting tidbits we’re tracking President Donald Trump announced this afternoon that he’s extending his original five-day delay on strikes on Iran’s energy sector, which was set to…
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