Oil Plunges, Stocks Spike After Trump’s Comments On Iran

Market sentiment has flipped dramatically optimistic this morning following a post by President Trump on Z that says due to “very good and productive conversations” on a “total resolution” of hostilities in the Middle East, the US will postpone “any and all military strikes” against Iran’s energy infrastructure…

The reaction – as you might expect – is a crash lower in crude…

…though still well above pre-war levels…

…and spike higher in stocks…

…still below pre-war levels)…

What did the oil producers know?

Oil down 14% https://t.co/U69AoffNF2

— zerohedge (@zerohedge) March 23, 2026

Bonds and bullion are bid…

TACOs came early this week… or is it Mission Accomplished?

How long before Tehran denies contact?