APTOPIX Iran War
Iranian Red Crescent emergency workers use a bulldozer to clear rubble from a residential building that was hit in an earlier U.S.-Israeli strike in Tehran, Iran, Monday, March 23, 2026.
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U.S. President Donald Trump says the U.S. is talking with an Iranian leader and claims the Islamic Republic is eager for a deal to end the war. He also extended a deadline for Iran to reopen the crucial Strait of Hormuz or face attacks on its power plants, saying Monday that it has an additional five days. Trump’s turnaround, which held out the possibility of resolving the war now in its fourth week, served to drive down oil prices and jolt stocks. It offered a reprieve after the U.S. and Iran traded threats over the weekend with potentially catastrophic repercussions for civilians across the region.
