Trump Escalates Iran Threats Targeting Strait of Hormuz as OPEC+ Plans Hike

President Trump has ramped up his rhetoric against Iran, specifically targeting the Strait of Hormuz, while his statements continue to oscillate between peace prospects and fresh threats. Investors are now bracing for what could be the most consequential week of the conflict, anticipating binary outcomes that could reshape global markets. Expectations are sharply divided between the possibility of an imminent breakthrough deal or a significant military escalation. Amidst this high-stakes environment, OPEC+ is proceeding with its planned production increase of 206,000 barrels per day for May. Analysts suggest that this pivotal week will drive heightened volatility in crude oil and gold, while equity markets like the SPY remain under pressure due to persistent diplomatic uncertainty.