Following renewed U.S. military strikes on Iran, President Donald Trump announced on social media that the ceasefire between the two nations had ended, though he confirmed diplomatic discussions would proceed. The escalation, which included a third round of American attacks targeting Iranian naval capabilities after Tehran shut the Strait of Hormuz, caused sharp volatility in global oil markets. Crude prices initially fell on hopes for continued talks, then reversed course after Trump’s declaration. The standoff has weighed on international investor sentiment, with Indian stock indices snapping a four-week winning streak amid rising crude costs and geopolitical uncertainty. Markets now watch for further negotiations between Washington and Tehran.