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Trump Pushes Iran Strike Deadline Into April Amid Intensifying Regional Tensions

Onlookers watch from a window the site of a residential building damaged by a strike, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, March 27, 2026.  U.S. President Donald Trump has extended the deadline for Iran to reopen the Strait of Hormuz or face strikes on its energy infrastructure, moving the cutoff to April 6 at 8 p.m. EDT (April 7 GMT) . The decision follows Tehran’s rejection of a 15‑point U.S. proposal aimed at ending the conflict, which has already spread across the Middle East and disrupted global energy markets.  The conflict, now in its fourth week, has resulted in thousands of casualties and sent oil and fertilizer prices soaring, fueling global inflation concerns. The United States and Israel began striking Iranian targets on February 28 after nuclear negotiations failed to produce a deal. Trump stated that talks are “going very well,” though Iran denies any direct engagement with Washington.  Trump’s extension comes after he previously pau...
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Global Markets in Turmoil: Trump's Tariffs Shake Wall Street

 

Wall Street faced a dramatic downturn on Monday, following President Donald Trump's announcement of sweeping tariffs on imports. The move has sent shockwaves through global markets, with major indices in Europe, Asia, and North America experiencing significant losses. The S&P 500, Dow Jones Industrial Average, and Nasdaq all saw sharp declines, reflecting investor fears of slowed economic growth and rising inflation.

Trump's tariffs, ranging from 10% to 50%, have sparked concerns about a potential recession and disrupted international trade. Economists warn that these measures could reduce U.S. economic growth by two percentage points this year while pushing inflation close to 5%. The ripple effects are being felt worldwide, with oil prices dipping below $60 per barrel and stock markets in Germany, France, and Japan also suffering heavy losses.

As markets brace for further instability, the global economic landscape remains uncertain. Investors and businesses alike are watching closely to see how these tariffs will reshape trade dynamics and impact financial stability.

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