Published: Mar 23, 2026, 23:00 IST | Updated: Mar 23, 2026, 23:00 IST
Stock markets and oil prices witnessed intense volatility after U.S. President Donald Trump's announcement of a five-day moratorium on strikes on Iran's infrastructure. While S&P 500 as well as NASDAQ soared about 3% after Trump's post, their gains faded to 2% as Iranian media denied the claim of talks with U.S. Similarly, crude oil prices also fell by about 10%.