Global Market Today: Asian shares rally, oil retreats as Trump extends Iran ultimatum
- Posted on March 24, 2026
- By Business News Today
- 4 Views
Global Market Today: Asian shares rally, oil retreats as Trump extends Iran ultimatum
Markets were taken on a rollercoaster ride at the start of the week after Trump added five days to his Saturday ultimatum for Iran to reopen the Strait of Hormuz within 48 hours, citing productive talks with unidentified Iranian officials, which Tehran has denied.