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Trump's Ultimatum to Iran Raises Oil Prices, Tensions

3/25/2026

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Trump's Ultimatum to Iran
  • U.S. President Donald Trump issued a 48-hour ultimatum to Iran to reopen the Strait of Hormuz or face strikes on power plants.
  • Opponents call the threats desperate and potentially illegal.
  • Trump's aides say the strikes would target Iran's Revolutionary Guard.
  • Iran warns that any attack on its energy facilities would lead to broader retaliation across the Middle East.
  • Oil prices rise as experts warn the approach could trigger conflict.
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