Trump extends Iran talks deadline as markets reel

1 min read
Source: Financial Times
Trump extends Iran talks deadline as markets reel
Photo: Financial Times
TL;DR Summary

President Donald Trump pushed back the deadline for a peace deal with Iran by 10 days to April 6 after a Wall Street sell-off that sent major indices lower; he said on Truth Social that, at Tehran’s request, the period of energy-plant destruction would be paused and that talks to end the war are ongoing. The move comes as the Pentagon deploys thousands more US troops to the region and oil prices rise, fueling inflation fears that weighed on the S&P 500 and Nasdaq. Iran denies direct negotiations but says it has been in contact with third parties seeking a resolution.

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