US stock futures slid on Friday despite President Trump further delaying promised US strikes on Iran’s energy infrastructure, as oil rallied amid doubts about the chances of a peace deal.

Dow Jones Industrial Average futures (YM=F) fell 0.3%, while those on the S&P 500 (ES=F) also moved 0.3% lower. Contracts on the Nasdaq 100 (NQ=F) dropped 0.5%, following steep losses for Wall Street stocks on Thursday.

Oil prices pushed over 2% higher as attacks continued across the Middle East, raising concerns the war could run into April and beyond. Brent crude (BZ=F) traded above $104 a barrel, while West Texas Intermediate (CL=F) neared $97 as investors eyed the growing economic hit from the halt to Strait of Hormuz traffic.

Trump extended his deadline for Iran by 10 days, giving the country until April 6 to comply with US demands or face strikes on its power plants. The move marks a shift in Trump's tone around the war, showing a potential path toward deescalation. Still, uncertainty lingers over whether Trump's pause will pay off, given Iran's sustained rejection of US efforts to reach a deal.