Donald Trump's Latest Remarks: Market Impact and Asset Class Responses

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Trump's Iran Announcement Rocks Markets: Oil Plunges, Stocks Soar

Trump's Iran Announcement Rocks Markets: Oil Plunges, Stocks Soar

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CNBC TV18•24-03-2026, 06:30

Trump's Iran Announcement Rocks Markets: Oil Plunges, Stocks Soar

•Donald Trump announced a five-day postponement of military strikes against Iranian power plants and energy infrastructure.
•The announcement, made on Truth Social, caused a sharp reversal in risk-on assets and a significant drop in crude oil prices.
•US Dow Futures surged over 1,150 points, while S&P 500 and Nasdaq futures also reversed to trade with gains.
•Brent crude and WTI oil prices saw sharp declines, with Brent down 7.7% and WTI 7.5% lower.
•GIFT Nifty jumped over 650 points, and Gold and Silver pared earlier losses, though Iran denied official communication.

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