President Trump announced a postponement of strikes on Iran’s power plants after U.S.–Iran supposedly held talks, except Tehran denies that any direct contact took place. In response, the Iranian regime accused the U.S. of playing for time to control oil prices.
And now, let’s track the market: Donald Trump’s announcement that for the next five days there will be no more strikes on Iran’s energy infrastructure sent oil prices tumbling and stock markets surging on Monday, reversing the trends of the past month. Gold, which has been pressured by a stronger dollar all month, traded lower, despite rebounding from the day’s lows.
Conservative and far-right leaders have made their way to Budapest to endorse Viktor Orbán ahead of the approaching April parliamentary elections in Hungary. The country’s Prime Minister is also expected to get an endorsement from Polish President Karol Nawrocki, who arrived in Budapest earlier on Monday. At the same time, the Hungarian foreign minister faces allegations of leaking sensitive EU information to the Kremlin.
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