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Oil prices traded higher after U.S. President Donald Trump said Iran had allowed 10 oil tankers to pass through the Strait of Hormuz.
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President Donald Trump announced "major combat operations" against Iran on Feb. 28, with massive joint U.S.-Israeli strikes.
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For the second time this week, President Trump extended an ultimatum for Iran to completely open the Strait of Hormuz to international shipping traffic, saying peace talks "are going very well."
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President Trump said on Thursday he would delay an imminent deadline to begin attacking Iran's power grid.
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;Resize=(620)) March 26, 2026 | After years of lagging, Canada officially hits the NATO defence spending benchmark of two per cent of GDP. U.S President Donald Trump extends his deadline for Iran to open the Strait of Hormuz. And, the IOC bans transgender women from Olympic competition.
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For a second time, President Trump extended the deadline for Iran to fully reopen the Strait of Hormuz.
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Donald Trump giving Iran 10 days to re-open a vital shipping channel and new advice on screen time for under 5s is a focus for Friday's front pages.
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