U.S. President Donald Trump has announced that the United States is talking with an Iranian leader, and claims that the Islamic Republic is eager for a deal to end the war. He also extended a deadline for Iran to reopen the crucial Strait of Hormuz or face attacks on its power plants. The announcement helped lower oil prices and jolt stocks. If a deal is reached, the U.S., Iran, however, has refused to comply. The war launched by the U., Israel, has killed over 2,000 people and caused a global economy, sent oil prices surging, and endangered some of the world's busiest air corridors.