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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InPresident Donald Trump has issued a military ultimatum to Iran, setting an 8pm ET deadline for the reopening of the Strait of Hormuz. The U.S. administration threatened to target critical Iranian infrastructure, including power plants and bridges, in an operation referred to as "Bridge Day" if no deal is reached. In response, Iranian authorities have vowed to retaliate by striking energy and water infrastructure across Gulf states if military action is taken against them. Diplomatic efforts appear to be faltering, with reports from Axios indicating that the prospects for a 45-day ceasefire agreement are currently slim. The heightened risk of direct conflict has triggered a surge in safe-haven demand, significantly boosting Gold (XAU/USD) and the Swiss Franc (USD/CHF). Global markets remain on high alert as the potential disruption of energy supplies through the Strait of Hormuz weighs heavily on risk sentiment and equity markets.