President Trump Postpones Strikes Against Iran's Energy Infrastructure. Stocks Spike. -- Barrons.com

Dow Jones03-23

By Nate Wolf

The U.S. will postpone strikes against Iran's energy infrastructure for the next five days following discussions between the two countries, President Donald Trump announced in a social media post Monday.

The pair had "very good and productive conversations regarding a complete and total resolution of our hostilities in the Middle East," Trump wrote. They will continue those talks throughout the week.

Trump had threatened to attack Iranian power plants if Tehran didn't open the Strait of Hormuz within 48 hours, in comments made Saturday evening in the U.S. Iran had said it would retaliate with attacks against infrastructure.

Stock futures spiked immediately following Trump's post. Dow Jones Industrial Average futures climbed 2.3% and S&P 500 futures jumped 2.2%. Oil plummeted, with Brent crude prices tumbling 9.8% to $101.22 a barrel.

This is breaking news. Check back for more analysis soon

Write to Nate Wolf at nate.wolf@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

March 23, 2026 07:40 ET (11:40 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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