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Geopolitical Tensions Rattle Wall Street as Futures Slide on Trump’s Iran Warning

  Markets tumbled Thursday morning as renewed geopolitical uncertainty sent U.S. stock futures sharply lower, with investors reacting to President Trump’s latest remarks that the war with Iran is “not yet over.”   U.S. stock futures stumbled early Thursday after President Trump’s national address failed to signal a clear end to the ongoing U.S.–Israeli conflict with Iran. Futures tied to the Dow Jones Industrial Average dropped more than 600 points , while S&P 500 futures fell 1.5% and Nasdaq 100 futures slid 2% , reflecting heightened investor anxiety.  The market’s reaction was driven largely by Trump’s assertion that the conflict is not yet resolved, despite reports that Iran’s president has approached the U.S. about a potential ceasefire. Trump emphasized that any agreement would depend on reopening the Strait of Hormuz , a critical global energy chokepoint. He also warned that U.S. forces would “hit Iran hard” before any withdrawal in the coming weeks.  ...
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Tehran Rejects Trump’s Ceasefire Claim Amid Escalating Tensions

 

People attend a funeral ceremony for the Revolutionary Guards Navy Commander Alireza Tangsiri, who was killed in a reported Israeli strike, in Tehran.


Iran has firmly denied U.S. President Donald Trump’s assertion that Tehran requested a ceasefire, calling the claim “false and baseless” as conflict in the region continues to intensify. 

Iran Pushes Back Against U.S. Narrative

Iran’s Foreign Ministry spokesperson Esmaeil Baqaei dismissed Trump’s statement, which appeared in a Truth Social post asserting that Iran’s “new regime president” had asked Washington for a ceasefire. Iranian state media echoed the rejection, emphasizing that no such request had been made. 

Strait of Hormuz at the Center of the Dispute

Trump said the U.S. would only consider a ceasefire once the Strait of Hormuz is “open, free, and clear,” while threatening continued military action. Iran’s Revolutionary Guard countered by insisting the strategic waterway remains firmly under its control and will not be opened under U.S. pressure. 

Rising Global Stakes

The closure of the Strait—through which roughly one-fifth of the world’s oil passes—has already driven up global energy prices. Meanwhile, Trump has suggested the U.S. campaign in Iran may end within weeks, though officials have hinted at possible further escalation. 

Tehran’s Position Remains Unchanged

Iran maintains it is not engaged in ceasefire negotiations and insists it will continue defending itself. Officials have reiterated that any future ceasefire would require guarantees that hostilities will not resume. 

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