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01 Apr 2026

Markets climb on Iran optimism

Markets are soaring after US President Donald Trump announced an end to the war in Iran, saying that he and parliamentary Speaker Mohammad Bagher Qalibaf had “really hit it off” during a FaceTime call brokered by Jared Kushner. “Tremendous guy. Deeply misunderstood. Loves oceanfront real estate,” Trump posted at 4:17 AM. Under the proposed settlement, Iran has agreed to give up nuclear enrichment activities in favour of simply getting rich. Tehran will recycle its oil revenues into a new dollar-pegged stablecoin called the PetroDollar™, which will be backed by partial ownership stakes in certain Trump-branded properties, including an unused room...

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