US president Donald Trump has set another deadline for a deal to be reached with Iran. That has ​triggered a risk-off and cautious mood with the US dollar holding onto its gains and oil prices surging. Brent crude futures rose 1 per cent to $111.53 a barrel having risen over 50 per cent since the war started. South Korean stocks were up 0.2 per cent having surged over 2.5 per cent earlier in the session. The dollar index, which measures the US currency against six other units, was at 100.03, near its recent highs.

Source: The Irish Times April 07, 2026 13:31 UTC