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   When a single post moves markets
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   Plus: Suspicious trades rake in billions.
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          Tuesday, March 24, 2026
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           Celal Gunes / Anadolu via Getty Images
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           Trump's claim on Iran talks moves markets, but truth is unclear
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          Markets have painted a picture of textbook panic. Gold posted its worst weekly drop since 1983, erasing all of its 2026 gains. Brent crude briefly topped $110 a barrel, up more than 50% since U.S. and Israeli strikes on Iran began. Across the globe, bond values have fallen by over $2.5 trillion, with yields spiking in turn, suggesting that markets broadly expect a 
sharp increase in inflation.
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          The cause of the panic is not mysterious. Goldman Sachs has called the disruption in the Strait of Hormuz the largest-ever "supply shock" to global crude markets. The IEA compared it to both 1970s oil crises and the 2022 Russia gas shock — combined.
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          Trump turbocharged the volatility Monday with a Truth Social post claiming in all caps that he had held "very good and productive" conversations regarding a "complete and total resolution of our hostilities." Futures 
swung violently from red to green, with the S&amp;P moving upward as much as 2.6%.
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          Even at the moment of posting, there was little evidence that Trump's "talks" occurred, much less that a "complete and total" resolution was at hand. It's widely known that U.S. and Iranian officials have had little to no direct contact, but rather only messages relayed through third-party intermediaries. One likely read is that Trump was walking back a threat that his own advisers considered unwise, or that was always a feint, or that 
was never seriously considered beyond the moment it was posted. Some combination of all three appears genuinely plausible.
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           Today's Poll
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          <h2 style="mso-line-height-rule:exactly;Margin:0;font-family:Arial;font-size:20px;font-weight:bold;">
           Are we truly in for some market 
relief?
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           <br/>
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          <div class="editor-poll-answers classic">
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               <table align="center" border="0" cellpadding="0" cellspacing="0" style="border:none; border-spacing: 0; border-collapse: collapse; mso-table-lspace:0; 
mso-table-rspace:0; mso-margin-top-alt:0px; mso-margin-bottom-alt:0px; mso-padding-alt: 0px 0px 0px 0px;" width="100%">
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                   <a style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 16px;  border: 1px solid #105C8E; display: block; " target="_blank">
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10px;padding-bottom:10px;mso-padding-bottom-alt: 10px; " width="100%">
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                      <td align="center" bgcolor="#105C8E" style="text-align:center;vertical-align:middle;-webkit-border-radius:6px;-moz-border-radius:6px;border-radius:6px;font-family:Arial,Helvetica,sans-serif;font-size:15px" valign="middle">
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                        <tbody>
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                          <td align="center" bgcolor="#105C8E" style="text-align:center;-webkit-border-radius:6px;-moz-border-radius:6px;border-radius:6px;font-family:Arial,Helvetica,sans-serif;font-size:15px">
                           <!--[if !mso]><!-->
                           <a style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 16px;  border: none; display: block; ">
                            Yes, we're in classic TACO territory
                           </a>
                           <!--<![endif]-->
                           <!--[if mso]><a 
href="https://www.ne16.com/t/10473510/222404108/9428174/1/1009235/?abb9e380=NGYzZmQyODYtMmZhOS00YzdjLWFkYzktMzQyOGNhZmI3ZDBl&f5d63f87=REIlMjAwMy0yNCUyMCUyOFVTJTI5&x=5a6655dc" target="_blank" style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 16px;  border: none; display: block; ">Yes, we're in classic TACO 
territory</a><![endif]-->
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collapse; mso-table-lspace:0; mso-table-rspace:0; mso-margin-top-alt:0px; mso-margin-bottom-alt:0px; mso-padding-alt: 0px 0px 0px 0px;" width="100%">
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10px;padding-bottom:10px;mso-padding-bottom-alt: 10px; " width="100%">
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                      <td align="center" bgcolor="#105C8E" style="text-align:center;vertical-align:middle;-webkit-border-radius:6px;-moz-border-radius:6px;border-radius:6px;font-family:Arial,Helvetica,sans-serif;font-size:15px" valign="middle">
                       <table bgcolor="#105C8E" cellpadding="0" cellspacing="0" style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; " width="100%">
                        <tbody>
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                          <td align="center" bgcolor="#105C8E" style="text-align:center;-webkit-border-radius:6px;-moz-border-radius:6px;border-radius:6px;font-family:Arial,Helvetica,sans-serif;font-size:15px">
                           <!--[if !mso]><!-->
                           <a style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 16px;  border: none; display: block; ">
                            No, Iran has a stranglehold on oil
                           </a>
                           <!--<![endif]-->
                           <!--[if mso]><a 
href="https://www.ne16.com/t/10473510/222404108/9428175/1/1009235/?abb9e380=NGYzZmQyODYtMmZhOS00YzdjLWFkYzktMzQyOGNhZmI3ZDBl&f5d63f87=REIlMjAwMy0yNCUyMCUyOFVTJTI5&x=b1cecbff" target="_blank" style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 16px;  border: none; display: block; ">No, Iran has a stranglehold on 
oil</a><![endif]-->
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          <span style="font-family:Arial;font-size:24px">
           Here's what you need to know
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             <a aria-label="Anna Moneymaker / Staff / Getty Images" style="color:#105C8E;" target="_blank" title="Anna Moneymaker / Staff / Getty Images">
              <img alt="Anna Moneymaker / Staff / Getty Images" class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fqz.com%252Fcdn-cgi%252Fimage%252Fwidth%253D640%252Cheight%253D360%252Cfit%253Dcover%252Cquality%253D85%252Cformat%253Dauto%252Fhttps%253A%252F%252Fassets.qz.com%252Fmedia%252FGettyImages-2265986908.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZxei5jb20lMkZjZCIsInRpbWUiOjE3NzQzNDY0NzkuNTYyMjc0Mn0:1w4yZb:2EdrA9SwcO7JxvFaau2___cEnvxGlZxBBtJQf7-Wocc" style="width:200px;max-height:338px;vertical-align:middle;border:0;" width="200"/>
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             <div style="line-height: 1.4">
              <strong style="color: var(--blue-cta-default)">
               <a data-linktext="BlackRock CEO says the Iran war is no reason to bail on stocks." data-linktype="Normal" style="color:#105C8E;" target="_blank">
                BlackRock CEO says the Iran war is no reason to bail on stocks.
               </a>
              </strong>
              <span style="color:#000000">
               "Over ​time, staying invested 
has mattered far ​more than getting the timing ⁠right," Larry Fink wrote in his annual letter to shareholders. Fink believes investors who participate in the AI boom will capture a share of the economic benefits.
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             <a aria-label="SOPA Images / Getty Images" style="color:#105C8E;" target="_blank" title="SOPA Images / Getty Images">
              <img alt="SOPA Images / Getty Images" class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fqz.com%252Fcdn-cgi%252Fimage%252Fwidth%253D640%252Cheight%253D360%252Cfit%253Dcover%252Cquality%253D85%252Cformat%253Dauto%252Fhttps%253A%252F%252Fassets.qz.com%252Fmedia%252FGettyImages-2266130053.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZxei5jb20lMkZjZCIsInRpbWUiOjE3NzQzNDY0NzkuNTYyMzc5MX0:1w4yZb:I9XB1Nutd0b-IBEKBPpNCE8wTaP_35FvPecQ5WuwoTc" style="width:200px;max-height:338px;vertical-align:middle;border:0;" width="200"/>
             </a>
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            <td class="td100" colspan="4" style="background-color:#EFEFEF;padding:10px;font-size:15px;font-family:Arial,Helvetica,sans-serif;width:66.6667%;vertical-align:top">
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              <strong style="color: var(--blue-cta-default)">
               <a data-linktext="Walmart brings digital price tags to U.S. stores." data-linktype="Normal" style="color:#105C8E;" target="_blank">
                Walmart brings digital price tags to U.S. stores.
               </a>
              </strong>
              <span style="color:#000000">
               By year's end, every Walmart location in the U.S. will carry digital shelf labels, allowing workers to update prices across multiple products at once. Lawmakers fear the technology could 
enable surge pricing.
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             <a aria-label="NurPhoto / Getty Images" style="color:#105C8E;" target="_blank" title="NurPhoto / Getty Images">
              <img alt="NurPhoto / Getty Images" class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fqz.com%252Fcdn-cgi%252Fimage%252Fwidth%253D640%252Cheight%253D360%252Cfit%253Dcover%252Cquality%253D85%252Cformat%253Dauto%252Fhttps%253A%252F%252Fassets.qz.com%252Fmedia%252FGettyImages-2260256937.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZxei5jb20lMkZjZCIsInRpbWUiOjE3NzQzNDY0NzkuNTYyNTE4Nn0:1w4yZb:n_Nh0-WG99ml2dN7k-fZPHdjn2dznByChx_LfYiyuzk" style="width:200px;max-height:338px;vertical-align:middle;border:0;" width="200"/>
             </a>
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            <td class="td100" colspan="4" style="background-color:#EFEFEF;padding:10px;font-size:15px;font-family:Arial,Helvetica,sans-serif;width:66.6667%;vertical-align:top">
             <div style="line-height: 1.4">
              <strong style="color: var(--blue-cta-default)">
               <a data-linktext="Lyme disease vaccine reduces infections by more than 70%." data-linktype="Normal" style="color:#105C8E;" target="_blank">
                Lyme disease vaccine reduces infections by more than 70%.
               </a>
              </strong>
              <span style="color:#000000">
               Pfizer hopes to win over regulators in a vaccine-skeptical administration 
after announcing its successful late-stage trial. There is currently no Lyme disease vaccine available, and there has not been since 2002, when recipients of predecessor LYMErix reported a number of adverse events.
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             <a aria-label="Spencer Platt / Getty Images" style="color:#105C8E;" target="_blank" title="Spencer Platt / Getty Images">
              <img alt="Spencer Platt / Getty Images" class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fqz.com%252Fcdn-cgi%252Fimage%252Fwidth%253D640%252Cheight%253D360%252Cfit%253Dcover%252Cquality%253D85%252Cformat%253Dauto%252Fhttps%253A%252F%252Fassets.qz.com%252Fmedia%252FGettyImages-2267930568.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZxei5jb20lMkZjZCIsInRpbWUiOjE3NzQzNDY0NzkuNTYyNjIzNX0:1w4yZb:zoXddceJFu98CC5d7cKv0T6oOuFthiFSUzbkfuZkvb8" style="width:200px;max-height:338px;vertical-align:middle;border:0;" width="200"/>
             </a>
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              <strong style="color: var(--blue-cta-default)">
               <a data-linktext="Fatal Air Canada collision shuts down LaGuardia Airport." data-linktype="Normal" style="color:#105C8E;" target="_blank">
                Fatal Air Canada collision shuts down LaGuardia Airport.
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              <span style="color:#000000">
               The pilot and co-pilot of an Air Canada Express regional jet died after the aircraft collided with a Port Authority fire truck on a runway at New York's third-busiest 
airport. An air traffic controller gave the rescue vehicle permission to cross the runway.
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            <td class="td100" colspan="2" style="background-color:#EFEFEF;background-repeat:no-repeat;background-size:auto;vertical-align:top;width:33.3333%;font-family:Arial,Helvetica,sans-serif;font-size:15px">
             <a aria-label="NurPhoto / Contributor / Getty Images" style="color:#105C8E;" target="_blank" title="NurPhoto / Contributor / Getty Images">
              <img alt="NurPhoto / Contributor / Getty Images" class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fqz.com%252Fcdn-cgi%252Fimage%252Fwidth%253D640%252Cheight%253D360%252Cfit%253Dcover%252Cquality%253D85%252Cformat%253Dauto%252Fhttps%253A%252F%252Fassets.qz.com%252Fmedia%252FGettyImages-2247752726.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZxei5jb20lMkZjZCIsInRpbWUiOjE3NzQzNDY0NzkuNTYyNzM5NH0:1w4yZb:G8whZqGrVLXw0ucurPlYOcri7a_fm0tc7byIcWzHgwM" style="width:200px;max-height:338px;vertical-align:middle;border:0;" width="200"/>
             </a>
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            <td class="td100" colspan="4" style="background-color:#EFEFEF;padding:10px;font-size:15px;font-family:Arial,Helvetica,sans-serif;width:66.6667%;vertical-align:top">
             <div style="line-height: 1.4">
              <strong style="color: var(--blue-cta-default)">
               <a data-linktext="OnlyFans owner Leonid Radvinsky dies of cancer at 43" data-linktype="Normal" style="color:#105C8E;" target="_blank">
                OnlyFans owner Leonid Radvinsky dies of cancer at 43
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              <span style="color:#000000">
               . Radvinsky, a reclusive 
billionaire who was born in Ukraine, was reportedly in talks to sell a 60% stake in the adult-content platform. A deal would have valued the company at $5.5 billion.
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               Is your company one of the best places to work? Prove it.
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              We're accepting nominations for our
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               2026 Best Places to Work
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              report.
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          An account called "Magamyman" placed an $87,000 bet on U.S. strikes against Iran roughly 71 minutes before news of the attacks broke publicly. The odds at the time sat at 17%. By the time the smoke cleared over Tehran, the position had turned into more than $553,000.
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          Over $529 million was traded 
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