Washington, March 27 -- Oil prices fell down on Friday after President Donald Trump delayed giving a deadline for Iran to reopen the Strait of Hormuz, while equities also slipped as investors approached Washington's mixed signals with great caution, feeling extremely uncertain over its unpredictable nature.
Trump had earlier warned that Iranian energy infrastructure could be targeted if the vital shipping corridor was not reopened within a span of 48 hours, though has since extended his deadline multiple times - with the most recent delay being April 6, claiming that talks were progressing constructively.
"Talks are ongoing. they are going very well," he said, adding the pause on potential strikes would be extended by 10 days at Tehran's ...