In recent developments, President Trump has once again extended the deadlines for negotiations with Iran regarding its energy infrastructure and the Strait of Hormuz. Despite a slight easing in global stock sell-off and rising oil prices due to these pauses in military action, policy makers remain cautious. Trump has emphasized that talks with Iranian negotiators are progressing well, granting an additional 10-day reprieve before any potential strikes on Iranian energy sites. Meanwhile, Iran has been warned against failing to adhere to the ongoing negotiations, amid continued threats regarding the closure of critical maritime routes. The geopolitical tensions between the U.S. and Iran persist, with outlooks still uncertain as discussions unfold.