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Trump Issues 48-Hour Ultimatum for Iran to Reopen Hormuz or Face Strikes on Power Plants

The ultimatum heightens the risk of regional escalation, with energy markets already strained.

Overview

  • Traffic through the Strait of Hormuz remains severely constrained, and Iran says restrictions target vessels from countries attacking it while others may request passage.
  • Iranian missiles struck the Israeli cities of Dimona and Arad, injuring dozens, and officials said Tehran also fired long‑range missiles toward the USUK base at Diego Garcia.
  • The United States moved to bolster pressure with additional warships and roughly 2,500 Marines, as more than 20 countries signaled readiness to support efforts for safe navigation.
  • Indian Prime Minister Narendra Modi spoke with President Masoud Pezeshkian, condemned attacks on critical infrastructure, and urged that shipping lanes stay open while India tracks 24 flagged vessels and facilitates limited transits.
  • Oil prices climbed, with Brent trading above $105 a barrel, and concerns deepened over LNG supplies following reports of strikes on regional energy hubs including Qatar’s Ras Laffan.