Trump’s Shifting Iran War Guidance Drives Market Upheaval
Get caught up
US President Donald Trump speaks to the media before boarding Air Force One on March 23.
Photographer: Roberto Schmidt/Getty ImagesEven by the standards of US President Donald Trump’s rapidly shifting communications, the last 24 hours have been extraordinarily chaotic.
Trump went from issuing a 48-hour ultimatum to Iran to open the Strait of Hormuz — threatening to attack the country’s power plans if it didn’t relent — to saying he had held productive talks with the leadership in Tehran that convinced him to call a five-day moratorium on such strikes.