US President Donald Trump has announced a fresh pause in planned military action against Iran, extending the deadline for potential strikes on energy infrastructure till April 6, 2026, as negotiations between the two sides continue.
In a statement, Trump said the decision was taken following a request from the Iranian government, adding that talks are ongoing and progressing well. This marks another extension after the earlier five-day pause announced earlier this week, indicating that diplomatic efforts are still underway amid the ongoing conflict in West Asia.
The development comes at a time when tensions between the US, Israel, and Iran have significantly disrupted global markets, particularly due to concerns around energy supply and the Strait of Hormuz.
Following the announcement, market sentiment showed signs of improvement. GIFT Nifty, which had been under pressure earlier, recovered sharply from its lows and is now trading above the 23,000 mark, indicating a potentially positive start for Indian equities.
Earlier as well, similar pauses in escalation had led to a sharp rebound in global risk assets, with GIFT Nifty surging and signalling a recovery in sentiment after steep declines.
The extension of the deadline suggests that while geopolitical risks remain elevated, markets are reacting positively to any indication of de-escalation or progress in negotiations.
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