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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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UK Leads Global Push to Reopen the Strait of Hormuz

 

The Strait of Hormuz has been effectively closed for over a month as a retaliatory measure by Iran on the US-Israeli assault.


The United Kingdom is set to host a high‑level virtual meeting with representatives from 35 countries to discuss coordinated efforts to reopen the Strait of Hormuz, a vital maritime corridor currently blocked amid the ongoing US‑Israeli conflict with Iran. British Prime Minister Keir Starmer announced that Foreign Secretary Yvette Cooper will chair the talks, which aim to explore diplomatic and political measures to restore freedom of navigation and ensure the safety of stranded vessels. 

The closure of the strait—through which roughly one‑fifth of global oil and LNG supplies transit—has sent energy prices soaring and disrupted international shipping. Participating nations include France, Germany, Italy, Japan, Canada, the UAE, and others, though the United States will not attend. The talks are considered a first step toward a broader plan that may later involve military planners to secure the waterway once hostilities cease. 

Starmer cautioned that reopening the strait “will not be easy,” emphasizing the need for a united diplomatic front and close coordination with the maritime industry. The meeting underscores growing global urgency as nearly 1,000 ships remain stranded, and countries dependent on Middle Eastern energy supplies face mounting economic pressure. 

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