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US stock futures fell on Tuesday as President Donald Trump’s deadline for Iran to reopen the Strait of Hormuz approached.
US stock futures dropped as Trump's deadline for Iran to reopen the Strait of Hormuz neared.
KEY POINTS
- 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.
COMPANIES
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