Iran, Trump and Strait of Hormuz
Digest more
European stocks opened lower despite the U.S. extending its pause on military strikes on Iran by 10 days. Asian markets fell overnight, while U.S. stock futures rose slightly. The sell-off in European stocks accelerated on Friday after U.
President Trump said on Tuesday Iran made a valuable offer to reach a deal with the United States, in talks that Iran has denied are taking place. "We've won this. This war has been won," Trump said.
13hon MSN
After markets rattle, Trump once again punts on following through with threat on Iran power plants
Facing a convulsing stock market, President Donald Trump on Thursday moved to buy himself more time and hold off, once again, on carrying out a threat to obliterate Iran’s energy plants over the Islamic Republic's effective closure of the Strait of Hormuz.
While President Trump projected confidence in the U.S. war effort in Iran and claimed Iranian leaders were "begging" for a deal to end it, a path out of the conflict remained unclear.
At the annual gathering of conservative activists, many express reservations about the war, amid support for Trump.
The president earlier said he'd postponed strikes on Iranian power plants after talks, which the speaker of Iran's parliament denies took place.
A new front has opened up in the war with Iran — the virtual one. Along with launching drones and missiles, Iran is now firing off memes. And President Trump is the regime’s favorite target. War propaganda is as old as battles of centuries past — but as NPR’s Carrie Kahn reports it’s now hitting a wider audience at a furious pace.
President Donald Trump extended a deadline to attack energy infrastructure in Iran until April 6. Stock futures initially got a boost as oil prices fell, with traders hoping this could mean the U.S.-Iran war will soon end.
The economic toll of the Iran war is hitting home in Europe, where more muted growth and faster inflation risk deepening industrial, fiscal and political pressures across the region.