Oil climbs, stocks fall as markets see no end to warUS President Donald Trump's decision to again delay his deadline for strikes on Iran's energy assets failed to reassure markets. (Photo: AFP)LONDON - Oil prices rose and stocks fell Friday as initial optimism over US President Donald Trump's decision to again delay his deadline for strikes on Iran's energy assets faded. But with Iran maintaining a hold on the strait, Trump's announcement largely failed to lift the mood for markets. Oil prices climbed, with international benchmark Brent crude rising 2.6 percent to $104.49. Friday's market reaction contrasted with the sharp plunge in oil prices and gains for stocks after Trump first delayed the deadline earlier this week.

Source: Bangkok Post March 27, 2026 21:43 UTC