Trump announces Hormuz deadline extension today?

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    "context_description": "President Trump's late Tuesday announcement of a two-week extension to his Strait of Hormuz deadline—contingent on Iran reopening the vital waterway—following a last-minute plea from Pakistan's prime minister, has solidified trader consensus at near-certainty for a formal confirmation today. This marks the fourth such delay since the original March 23 ultimatum amid ongoing U.S.-Iran diplomacy, with no military escalation despite threats to target Iranian infrastructure. Reports from official statements and major outlets confirm the pause and conditional ceasefire, reflecting Trump's negotiation tactics. Realistic shifts remain possible via an unexpected retraction, Iranian non-compliance signals, or late-breaking diplomatic breakdowns before market resolution.",
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