PiCK
Trump: 'If Iran fails to reopen Hormuz within 48 hours, power plants will be struck'
Summary
- President Trump said he demanded that Iran fully reopen the Strait of Hormuz within 48 hours.
- He said he warned that, if the demand is not met, he would strike Iran’s major power plants.
- He said concerns are rising that a blockade of the Strait of Hormuz could disrupt global crude oil shipments and push international oil prices sharply higher.
Forecast Trend Report by Period
With tensions in the Middle East escalating, President Trump warned that the United States could take military action if Iran does not immediately reopen the Strait of Hormuz.
On the 22nd, U.S. President Donald Trump, via Truth Social, demanded that Iran fully reopen the Strait of Hormuz within 48 hours.
Trump said, "If Iran does not fully reopen the Strait of Hormuz without threats, the United States will strike major power plants," adding, "We will hit the largest facilities first."
The remarks come as passage through the Strait of Hormuz has sharply contracted amid recent clashes between Israel and Iran. The strait is a key artery for global crude shipments, and any blockade or disruption is seen as a major variable that could send international oil prices sharply higher.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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