Trump Delays Iran Strikes, Gives Extra Time

0:00On March 27, President Trump has delayed any military action against Iran's energy facilities, giving the country until April 6th to reopen the Strait of Hormuz A cited ongoing talks to Pakistani intermediaries as going very well, claiming Iran requested the extra time. Trump extended their ask of seven days to a full 10, announcing it right after another tough day on Wall Street. Trump took a big hit Thursday, with the S&P 500 down 1.7%, the Dow dropping 469 points, and the Nasdaq falling 2.4%. This marks the worst drop since the conflict with Iran began. It's a pattern for Trump, who has pulled back on threats before when markets react sharply, like last year, with tariff pauses. The decision comes amid rising gas prices worldwide, up more than a dollar per gallon in the US from just a month ago. Trump and his team downplayed the economic fallout, saying the US has plenty of its

1:00own oil and isn't hurt much. Officials insist Iran has been defeated and is now seeking a way out through negotiations. Troop movements continue, with the Pentagon set to send at least a thousand soldiers from the 82nd Airborne Division, plus 5,000, Marines, to the Middle East on top of the 50,000 already there. This fuels talk of possible limited strikes to secure the Strait or key oil sites. Trump noted a positive sign, with Iran allowing some Pakistan flag tankers through the Strait, hinting at good faith in the talks as both sides. Push for a deal before tensions boil over further. I'm Corey with the story, and you've been listening to Global News today. AI-powered global coverage.