President Donald Trump’s latest deadline for Iran to agree to a deal is just hours away, and investors are once again finding themselves forced to prepare for a range of possible outcomes.

US allies are reportedly pressing for a last-minute deal with Iran, as President Donald Trump extended his deadline to Tuesday for Tehran to reopen the Strait of Hormuz, keeping markets on edge over whether a breakthrough can be reached.

Treasury yields stabilized after rising earlier in the day but sentiment remained fragile ahead of Trump’s Tuesday-night deadline to Iran to reopen the Strait of Hormuz.

U.S. President Donald Trump on Sunday made expletive-filled threats against Iran and its infrastructure if it doesn't open the Strait of Hormuz by his Tuesday deadline, after American forces rescued a wounded aviator whose Iran-downed plane fell behind enemy lines.

Gold prices were muted on Tuesday ‌as nervy investors stayed on the sidelines ahead of a deadline set by U.S. President Donald Trump for Iran to reopen the Strait of Hormuz.

Front-month crude prices rose and prices are likely to remain elevated and highly sensitive to developments in Middle East tensions and supply shifts.

We begin in Washington, where Donald Trump doubled down on his threats to Iran as his deadline for the country to reopen the Strait of Hormuz nears. What Trump said: The US president warned Iran that it could be “taken out in one night”,

President Trump renewed threats of attacks on Iran if the country does not agree to a deal to reopen the Strait of Hormuz by his Tuesday night deadline. The warnings came on Monday as the president gave more details on the rescue of a missing American airman shot down over Iran on Friday.