
US stock markets climbed Monday afternoon after President Trump suggested a possible end to the ongoing conflict with Iran, helping the Dow Jones recover some losses. However, oil prices remained volatile due to continued attacks on Middle Eastern energy infrastructure, including Iran's strike on Israel's largest oil refinery and the closure of the vital Strait of Hormuz. Trump warned that the US would target Iran's energy facilities if the strait is not reopened within a week, keeping energy market uncertainty high. The situation suggests that even if the war ends soon, energy prices may stay elevated due to the time needed to repair damaged infrastructure.