The New York Times reported late Tuesday that the U.S. has shared a plan with Iran to end the conflict, raising traders' hopes that the war could conclude soon.

March 25 (Reuters) - U.S. stock index futures climbed on Wednesday, after media reports that the U.S. was seeking a month-long ceasefire in its war with Iran, allaying some investor fears around prolonged energy supply disruptions.

Over the weekend Donald Trump threatened dire vengeance on Iran unless its government opened the Strait of Hormuz within 48 hours, a deadline that would expire Monday evening in Washington. Specifically,

Oil futures fell with Brent settling under $100 a barrel as President Trump postpones threatened attacks on Iranian energy infrastructure, citing positive dialogue with Iran.

Stock futures pointed lower Tuesday, a day after major indexes ended sharply higher, as oil prices returned to gains. Meanwhile, the two-day Federal Reserve meeting on interest rates begins today.

March 23 (Reuters) - Futures linked to Canada's resource-heavy stock index fell on Monday as threats to energy infrastructure in the Gulf sent oil prices sharply higher, while declines in gold and silver added further pressure.

U.S. stock index futures slipped on Tuesday as the Middle East conflict pinned oil prices near $100 a barrel, fueling inflation concerns.