Former President Donald Trump has issued a stark ultimatum, threatening U.S. military action against Iranian power plants if Tehran fails to reopen the Strait of Hormuz within 48 hours. The warning escalates tensions in the Middle East amid ongoing hostilities between Iran and Israel.
- Trump issued a 48-hour ultimatum for Iran to reopen the Strait of Hormuz
- U.S. threatens military strikes on Iran’s power plants if demands are unmet
- Crude oil futures (CL=F) rose amid fears of supply disruption
- CBOE Volatility Index (VIX) increased due to elevated risk sentiment
- Apple (AAPL) and broader tech stocks declined on risk-off market moves
- Escalation follows ongoing attacks between Iran and Israel
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