Iran Threatens Infrastructure Destruction as Trump's Hormuz Ultimatum Nears Deadline

Iran has issued a severe warning to destroy regional and US infrastructure as President Donald Trump’s 48-hour ultimatum to reopen the Strait of Hormuz approaches its conclusion. The escalation follows Tehran's decision to impose a $2 million transit fee on ships deemed "non-enemy" passing through the critical waterway. Tensions have reached a breaking point following reports of mass casualties in southern Israel after military strikes targeted areas near nuclear facilities. US Treasury Secretary Scott Bessent indicated that the administration is pursuing an "escalate to de-escalate" strategy, bracing for a potential 50-day surge in oil prices to secure long-term security. Markets are reacting sharply to the heightened risk of a wider regional conflict, with energy and safe-haven assets under intense pressure. The potential for a prolonged disruption in global energy transit remains a primary concern for international investors as the deadline looms.

Sources:zerohedge.comtimesofindia.indiatimes.comyoutube.comaljazeera.comcnn-news18.comiltv.tvcnn.comaljazeera.comcnn-news18.comiltv.tv