Donald Trump Extends Hormuz Deadline as War Jitters Trigger Wall Street Rout

Donald Trump Extends Hormuz Deadline as War Jitters Trigger Wall Street Rout

Dubai : US President Donald Trump said on Thursday he will delay a threatened strike on Iran's energy infrastructure and extend his deadline for Tehran to reopen the Strait of Hormuz until April 6, saying talks to end the war are "going very well".

The move marks a pullback from Trump's earlier warning that the US would target Iran's energy plants if the crucial shipping lane remained closed. Iran has threatened to retaliate against regional infrastructure, including desalination facilities, if the US follows through.

A day after Tehran dismissed Trump's 15-point ceasefire plan, the president said Iran was "begging to make a deal" and urged its leaders to "get serious soon" about negotiations.

Trump's announcement on social media came after US stocks fell sharply and oil prices rose, as doubt took over again on Wall Street about a possible end to the war.

Latest reports of live fire

March 27, 2026 10:32 am

Dubai: Israel's military said early on Friday that it had conducted a wave of strikes “in the heart of Tehran”. Smoke was seen billowing in the Beirut skyline early on Friday. There was no advance warning of a strike from Israel's military, which didn't immediately provide information. Kuwait said early on Friday that it shot down Iranian drones in an attack targeting the small, oil-rich nation. The United Arab Emirates sounded a missile alert over Dubai around the same time, though there was no sound of an interception heard in the city-state as rain blanketed it. AP

Iran sends letter to UN over threats against Araghchi and Qalibaf

March 27, 2026 10:26 am

Dubai: Iran sent a letter to the United Nations over claims that the country's foreign minister and parliament speaker had been "targets for assassination". The letter, dated Thursday and signed by Ambassador Amir Saeid Iravani, focused on media reports that Foreign Minister Abbas Araghchi and Speaker Mohammad Bagher Qalibaf both had been spared for the time being by Israel and the US as negotiations to reach a ceasefire in the war go on. "The reports indicate the existence of an operational framework contemplating the assassination of the highest-ranking political officials of the Islamic Republic of Iran," the letter reads. AP