Global financial markets showed signs of recovery on March 10 after President Donald Trump suggested the war with Iran might be nearing its end, offering relief to investors after weeks of heightened geopolitical tensions and oil price fluctuations.
In comments to CBS News, Trump indicated that "the war is very complete, pretty much," signalling a possible conclusion to hostilities. The remarks helped soothe markets rattled by the conflict's effect on energy supplies through the Strait of Hormuz, a vital chokepoint through which about 20% of global oil passes.
US stock indices recovered from earlier declines, while Asian markets saw strong gains, with ...