Earlier, U.S. stocks swung sharply during regular trading as uncertainty about the war with Iran increased after Trump had threatened that a “whole civilization will die tonight."

Treasury yields held mostly steady with just hours to go before Trump’s latest deadline to bomb Iranian power plants if it doesn’t open the Strait of Hormuz.

Earlier, U.S. stocks swung sharply during regular trading as uncertainty about the war with Iran increased after Trump had threatened that a “whole civilization will die tonight."

Trump noted that the "double sided" ceasefire was contingent on Iran agreeing to an opening of the Strait of Hormuz.

Investors welcome the possible resumption of oil and gas flows through the Strait of Hormuz.

US president’s decision contingent on Tehran agreeing to two-week ceasefire and reopening Strait of Hormuz

Blockages in the Strait of Hormuz have kept oil and natural gas stuck in the Persian Gulf, away from customers worldwide.

Benchmark U.S. crude was 3.1% higher on Thursday at $97.30 a barrel.