# US stock futures fell on Tuesday as President Donald Trump’s deadline for Iran to reopen the Strait of Hormuz approached.

*business · news · 2026-04-07 · Moneycontrol*

## Key points

- US stock futures dropped as Trump's deadline for Iran to reopen the Strait of Hormuz neared.
- US and Iranian negotiators are reportedly not optimistic about reaching a deal before the deadline.
- Trump warned of strikes on Iranian infrastructure if the Strait remains closed past the deadline.
- US, Iran, and mediators are discussing a potential 45-day ceasefire, but no agreement is confirmed.
- Pakistan has brokered a proposal to end the conflict, but both sides are only reviewing it.

**Countries:** United States, Iran, Pakistan

[Read the full story on Moneycontrol](https://www.moneycontrol.com/news/business/markets/dow-futures-fall-as-trump-s-iran-deadline-nears-and-hormuz-deal-hopes-fade-13882175.html)

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