Brief by Shorts91 Newsdesk / 02:42am on 27 Mar 2026,Friday International
U.S. President Donald Trump has postponed a threatened strike on Iran’s energy infrastructure and extended the deadline for reopening the Strait of Hormuz to April 6, citing ongoing negotiations to end the war. Iran had earlier closed the crucial waterway, a key route for about 20 % of global oil trade, after U.S.–Israeli strikes that escalated missile and drone attacks across the region. Global markets reacted sharply, with Wall Street recording its largest losses since the conflict began, highlighting economic vulnerability amid rising oil prices and heightened geopolitical tensions. (PC: AP)
