Trump Extends Iran Deal Deadline, Markets React

0:00President Donald Trump has extended his deadline for a deal with Iran by 10 days, pushing it to Monday, April 6, 2026, at 8 p.m. Eastern time. This pauses potential attacks on Iranian energy sites, marking the second such extension amid ongoing talks he describes as going very well. The move aims to give negotiators more time, while calming jittery global energy markets. Earlier this week, the U.S. delivered a 15-point proposal through Pakistani mediators, but Iran rejected it and countered with its own demands. Those include guarantees against renewed attacks by the U.S. and Israel, reparations for damages, and recognition of Iran's control over the straight-of. Hormuz. Special envoy Steve Wykhov noted positive responses so far, with some concessions like sanctions relief on the table for Iran in exchange. This showed mixed reactions, with oil prices settling near $108 a barrel for Brent Crude before easing slightly on the news.

1:01Emerging currency stabilized, but fears linger over supply disruptions and surging fuel costs fueling inflation worries. The OECD now forecasts 4% inflation across group of 20 nations this year, up sharply from prior estimates. Lawmakers like Senator Lisa Murkowski are pressing for clearer goals on the war effort ahead of midterms, while Gulf states such as Saudi Arabia and the United Arab Emirates way joining the fight. Both sides continue airstrikes, with recent hits in Isbahan and missile exchanges toward Israel, plus over 4,500 deaths reported. So far, mostly in Iran and Lebanon. Trump mentioned Iran allowing 10 oil bolts through the strait as a goodwill step and more U.S. troops are heading to the region as talks stretch on. Following the path to resolution uncertain for now. That's the story for today. Vancouver News Today, Driven by AI