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Trump Delays Iran Power-Grid Ultimatum as Israel Strikes Tehran

The delay opened a narrow window for back‑channel diplomacy, trimming crude prices slightly.

Overview

  • President Donald Trump pushed back his threat to destroy Iranian power plants to April 6 at 8 p.m. Washington time and said indirect contacts are going “very well.”
  • Israel reported new large strikes on targets in Tehran as Iran’s Revolutionary Guards said they launched missiles and drones at Israeli and Gulf military sites.
  • Pakistan’s foreign minister said Islamabad is relaying messages between Washington and Tehran and that a 15‑point U.S. proposal is under Iranian review.
  • Oil stayed elevated but eased after the delay, with Brent near $107 a barrel, as risks tied to the Strait of Hormuz and the Red Sea’s Bab el‑Mandeb continue to strain supply routes.
  • France braced for the energy shock at home, with growth forecasts cut and targeted aid for heavy fuel users in the works, including state‑backed loans and deferred taxes as jet fuel costs roughly double.