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03.01 - Spain Today News 23 March 2026
International Crisis in the Strait of HormuzTrump Suspends Strikes: President Donald Trump has ordered a five-day postponement of planned military strikes against Iranian energy infrastructure following what he described as "productive conversations" between Washington and Tehran. This 120-hour truce freezes a previous 48-hour ultimatum that had placed the world on the brink of a major conflict.Market Impact: Following the announcement, the price of Brent crude oil plunged 13%, dropping to $99.11 per barrel as investors felt relieved by the potential for a ceasefire.Global Reactions: Russia…
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