# France's CAC 40 jumped 1.3% to 8,066.18 in early trading.

*business · news · 2026-04-07 · The Atlanta Journal-Constitution*

## Key points

- President Trump set a deadline for Iran to reopen the Strait of Hormuz to shipping.
- Trump threatened to bomb Iran's power plants and bridges if the strait remains closed.
- Global oil prices surged in response to the U.S. ultimatum regarding the Strait of Hormuz.
- European stock indexes rose sharply amid heightened geopolitical tensions in the Middle East.

**Countries:** United States, Iran, France, Germany, United Kingdom

[Read the full story on The Atlanta Journal-Constitution](https://www.ajc.com/news/2026/04/asian-shares-mostly-higher-ahead-of-trumps-deadline-for-iran-to-reopen-oil-route/)

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