Middle East crisis live: Trump pausing strikes on Iran energy sites; Houthis say ‘no reason’ to halt Red Sea shipping

Mar 27, 2026 - 04:05
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Middle East crisis live: Trump pausing strikes on Iran energy sites; Houthis say ‘no reason’ to halt Red Sea shipping

US president says he is extending deadline for strait of Hormuz to reopen to 6 April; Houthis tell Lloyd’s List ‘no reason’ to prevent Saudi oil using Red Sea route

And just to recap, on Thursday Wall Street had its worst day since the war with Iran started.

The S+P 500 fell 1.7%, and the index is headed for a fifth straight losing week, which would be the longest such losing streak in almost four years. The Dow Jones Industrial Average dropped 1%, and the Nasdaq composite sank 2.4%.

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