Former U.S. President Donald Trump has set a deadline for Iran to reopen the Strait of Hormuz, warning of potential military strikes if the demand is not met. The move has raised concerns over energy market stability and regional security.
- Trump has set a deadline for Iran to reopen the Strait of Hormuz by 8 p.m. Eastern time on Tuesday.
- Failure to comply could lead to U.S. military strikes on Iranian infrastructure.
- The Strait of Hormuz is a critical energy chokepoint, handling nearly 20% of global oil supply.
- Energy and defense sectors are experiencing heightened volatility due to the geopolitical tensions.
- The ultimatum highlights the potential for renewed regional conflict and its impact on global markets.
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