ReferIndia News GLOBAL MARKETS-Shares jittery, oil resumes climb as fragile relief rally sours

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GLOBAL MARKETS-Shares jittery, oil resumes climb as fragile relief rally sours

Published on: March 24, 2026, 11:35 a.m. | Source: Devdiscourse

U.S. Treasury yields pushed higher and the dollar regained lost ground, in a retracement of the relief rally that swept markets overnight after Trump ‌added five days to his Saturday ultimatum for Iran to reopen the Strait of Hormuz within 48 hours, citing "productive" talks Tehran. Much uncertainty remained as the world continues to grapple with an energy shock while Iran denied that it had engaged in negotiations with the U.S.

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