Trump Extends Deadline for Iran to Reopen Strait of Hormuz Amid Market Turmoil
In a significant development, U.S. President Donald Trump has announced an extension of the deadline for Iran to reopen the Strait of Hormuz, a critical maritime chokepoint for global oil trade. The decision comes amid mounting market turmoil, with energy prices surging and investors expressing concern over prolonged instability in the Gulf region. Background of…