FinanceNewsAPI
Dow futures jump 900 points, oil tumbles after Trump suspends Iran attacks for two weeks: Live updates - CNBC
Overview
U.S. stock futures jumped and oil prices tumbled after the president said planned attacks were suspended for two weeks and described a double-sided ceasefire contingent on Iran reopening the Strait of Hormuz. The new report adds that the suspension followed requests from three regional leaders to delay a planned attack, helping explain the abrupt market reaction. Crude dropped by as much as 15% while stocks rallied, though oil remains significantly above pre‑war levels and markets later trimmed gains amid fragile ceasefire prospects.
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