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Showing posts with the label Energy-Market-Impact

48-Hour Ultimatum: Trump Demands Iran Reopen Key Global Oil Route

U.S. President Donald Trump has threatened to launch military strikes on Iran’s power plants if Iran does not reopen the Strait of Hormuz within 48 hours. Tensions in the Middle East have sharply escalated after Donald Trump issued a strong warning to Iran, demanding the immediate reopening of the Strait of Hormuz, one of the world’s most critical oil shipping routes.   The warning was delivered between March 21 and March 22, 2026, from Washington, D.C., where Trump announced a 48-hour ultimatum. He made it clear that if Iran fails to comply, the United States could carry out strikes targeting Iran’s power infrastructure, including major power plants, in what would mark a significant escalation in the conflict.   The Strait of Hormuz, located between Iran and Oman in the Persian Gulf, plays a vital role in the global energy system. Around 20 percent of the world’s oil supply passes through this narrow waterway. Any disruption in this route immediately impacts globa...