US stock futures rallied and oil prices fell after President Trump announced a five-day pause on plans to strike Iranian power plants. Futures to the Dow Jones Industrial Average rose by 2.1%, while S&P 500 and Nasdaq futures also jumped by 1.9%. Brent crude oil futures dropped to $97.70 a barrel, down from highs of $111, while West Texas Intermediate crude slid to $89.69. National average gasoline prices also jumped to $3.96 a gallon. This marked a sharp turnaround for the stock market, which was expected to see more losses due to the ongoing Iran war. The International Energy Agency reported that at least 40 critical energy assets in the Middle East have been damaged since the war started on Feb.