Trump had earlier denied he was desperate for a deal to end the war, despite the Islamic republic's cool response to an American peace plan and fears the spike in oil prices would fan inflation. Trump later told a cabinet meeting Iran had allowed 10 oil tankers passage through the Strait of Hormuz -- through which about a fifth of world oil and gas pass -- to show it was serious about talks. Oil prices fell more than one percent Friday, though that only partially pared the previous day's surge amid growing anxiety that the conflict will last far longer than first thought. Investors are also increasingly sceptical about the messaging from the White House, with Trump often flipping between threats and talk of peace. And South Korea said it will roll out a $17 billion "wartime" supplementary budget and expand fuel tax cuts.

Source: Bangladesh Sangbad Sangstha March 27, 2026 15:29 UTC