Evening Briefing Americas

Wall Street Waits for a Sign the War Is Ending

But with chaotic and contradictory messages from Donald Trump, no one knows where to turn.
Rocket trails are seen in the sky above the Israeli coastal city of Netanya on March 27.Photographer: Jack Guez/AFP

International organizations, government leaders and Wall Street are attempting to divine the endgame of the US-Israel war with Iran amid increasingly chaotic and contradictory statements by President Donald Trump as his administration struggles to find a way out of the month-old conflict.

The war has pushed US pump prices above $4 a gallon, threatening political pain for Republicans in a midterm election year. Trump, 79, is said to realize the current situation is untenable, according to persons familiar with the matter. He has scheduled a televised speech about the war this evening.