Trump Signals De-Escalation in Iran Conflict, Markets Rally Global markets experienced a sharp rebound as U.S. President Donald Trump signaled potential diplomatic progress with Iran, shifting from earlier threats of military action. The positive tone from the administration raised hopes of de-escalation in the ongoing conflict, which had previously driven oil prices higher and fueled concerns about economic slowdowns. Trump’s announcement to halt strikes on Iranian power plants and energy infrastructure for five days, along with his emphasis on pursuing a deal, contributed to a surge in stock markets and a decline in oil prices. The Dow Jones Industrial Average rose over 600 points in a relief rally, while European equities also rebounded. Oil prices fell sharply, with Brent Crude dropping nearly 11% following Trump’s statements. The market reaction was amplified by unusual pre-market activity in stock and oil futures, which spiked minutes before Trump’s social media post. However, the optimism was tempered by skepticism, as Iranian state media denied any prior discussions with the U.S., casting doubt on the durability of the rally. Trump’s comments came after he confirmed with CNBC’s Joe Kernen that the U.S. was “very intent on making a deal” with Iran. The administration’s Interior Secretary, Doug Burgum, also highlighted growing interest from Asian countries in purchasing U.S. energy to reduce reliance on Middle Eastern oil and gas exports. This shift underscores the broader impact of the conflict on global energy markets, which remain highly sensitive to any developments in the region. The situation remains fluid, with tensions lingering over Trump’s earlier ultimatum to Iran regarding the reopening of the Strait of Hormuz.#iran #dow_jones_industrial_average #brent_crude #donald_trump #joe_kernen
