President Trump has issued Iran a 10 to 15 day ultimatum to reach a nuclear agreement, warning of severe consequences if negotiations fail.

President Trump has issued Iran a 10 to 15 day ultimatum to reach a nuclear agreement, warning of severe consequences if negotiations fail. The ultimatum has intensified geopolitical tensions in the Middle East, with Iran threatening to target US military assets in the region if attacked. This escalating conflict has already impacted global energy markets, pushing oil prices higher due to concerns over potential military action in a critical shipping route. The stakes are significant for international markets, as any military confrontation could disrupt global oil supplies and create broader economic instability. Both sides remain far apart on key nuclear programme issues despite ongoing negotiations, creating uncertainty for investors monitoring Middle East geopolitical risk.