{"id":974,"date":"2026-03-09T22:35:51","date_gmt":"2026-03-09T22:35:51","guid":{"rendered":"https:\/\/stock999.top\/?p=974"},"modified":"2026-03-09T22:35:51","modified_gmt":"2026-03-09T22:35:51","slug":"stocks-stage-massive-upside-reversal-as-oil-plunges-after-trump-says-iran-war-could-be-over-soon","status":"publish","type":"post","link":"https:\/\/stock999.top\/?p=974","title":{"rendered":"Stocks stage massive upside reversal as oil plunges after Trump says Iran war could be over soon"},"content":{"rendered":"

<\/p>\n

Oil prices plunged on Monday afternoon and equities went back into the green after President Trump suggested to CBS News reporter Weijia Jiang in a phone interview that the war may be winding down.<\/p>\n

\u201cNEW\u2014In a phone interview, President Trump told me the war could be over soon: \u2018I think the war is very complete, pretty much. They have no navy, no communications, they\u2019ve got no Air Force.\u2019 He added that the U.S. is \u2018very far\u2019 ahead of his initial 4-5 week estimated time frame,\u201d she posted on X.<\/p>\n

The comments, posted to social media just after 3:15 p.m., triggered an immediate selloff in energy markets as traders rushed to reprice the conflict that had been baked into crude for a couple of weeks now.<\/p>\n

West Texas Intermediate crude fell as much as 6%, dropping from above $100 per barrel to a session low near $83.89 before recovering slightly to around $85.44 by late afternoon.\u00a0Brent crude fell 1.55% to $91.25.<\/p>\n

The Dow Jones industrial average jumped 239 points to close up 0.50%, wiping out steep losses earlier in the session. The S&P 500 surged 0.83%, and the Nasdaq rallied 1.38%.<\/p>\n

Trump\u2019s remarks were the first signs of potential de-escalation. In recent days, both sides had crushed hopes for a quick endgame.<\/p>\n

Previously, Trump demanded \u201cunconditional surrender\u201d and warned the U.S. military would expand its range of targets, then hit a fuel depot near Tehran over the weekend. Meanwhile, Iran began targeting more civilian infrastructure around the Gulf, including desalination plants.<\/p>\n

The selection of Mojtaba Khamenei as Iran\u2019s new supreme leader was also a signal that hard-liners are in charge and poised to continue fighting instead of agreeing to a compromise that ends the conflict.<\/p>\n

Iran\u2019s attacks on ships in the Strait of Hormuz have effectively closed off the narrow waterway, threatening to block 20% of the world\u2019s oil supply.<\/p>\n

#Stocks #stage #massive #upside #reversal #oil #plunges #Trump #Iran #war<\/p>\n","protected":false},"excerpt":{"rendered":"

Oil prices plunged on Monday afternoon and equities went back into the green after President…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[245],"tags":[518,376,1208,303,1524,1523,1521,221,721,1522,684],"_links":{"self":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/974"}],"collection":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=974"}],"version-history":[{"count":0,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/974\/revisions"}],"wp:attachment":[{"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}