Trump escalates Iran tensions with 48-hour ultimatum over Strait of Hormuz. The US President threatened to obliterate Iran's energy infrastructure, including power plants, if Tehran fails to fully open the critical waterway within two days. This threat comes as maritime traffic through the Strait remains effectively halted, triggering widespread concerns about global energy supplies and oil prices. The escalation marks another policy shift, following Trump's earlier comments about potential ceasefire talks. Energy markets have reacted sharply to the disruption, with crude prices climbing amid uncertainty. The Strait of Hormuz handles roughly one-third of global maritime oil trade, making its closure economically significant worldwide. Trump's administration has already attempted to stabilize energy markets by allowing temporary purchases of stranded Russian and Iranian oil at sea.
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