Oil prices plunge and US stock futures jump

NEW YORK, United States — Oil prices plunged and U.S. stock futures jumped after President Donald Trump said he would hold off on his threat of devastating attacks on Iran for two weeks if the Iranians agree to allow ships to pass through the Strait of Hormuz. READ: trump-pulls-back-on-threats-for-2-weeks-subject-to-iran-agreeing Futures for US crude oil sank