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Dow Futures Rise as Trump Halts Iran Strikes, Oil Climbs to $103

Wall Street Journal Markets •
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Dow futures rose early Friday, signaling a potential recovery from Thursday's sharp selloff as President Trump postponed strikes on Iran's energy sector. Oil futures also climbed, with Brent crude nearing $103 a barrel. The Pentagon is reportedly planning to send up to 10,000 additional ground troops to the Middle East.

Trump announced the 10-day delay in strikes Thursday, shifting focus to negotiations. Both the S&P 500 and Nasdaq suffered their largest one-day declines since the conflict began on Thursday as talks showed little progress. The market reaction underscores how geopolitical tensions continue to drive energy prices and investor sentiment. Brent crude's surge reflects concerns about supply disruptions and the potential for renewed conflict.

The 10,000-troop deployment figure signals heightened U.S. military presence in the region, which could further impact oil markets and global stability. Investors are watching closely for any escalation that might push prices higher.