President Trump said reopening the Strait of Hormuz must be included in any resolution of the Iran conflict and warned Iran would be 'decimated' by midnight Tuesday if no deal is reached. Comments materially raise near‑term geopolitical risk to oil shipments through the Hormuz chokepoint, likely prompting risk‑off flows and upward pressure on energy prices until the situation clarifies.
President Trump said reopening the Strait of Hormuz must be included in any resolution of the Iran conflict and warned Iran would be 'decimated' by midnight Tuesday if no deal is reached. Comments materially raise near‑term geopolitical risk to oil shipments through the Hormuz chokepoint, likely prompting risk‑off flows and upward pressure on energy prices until the situation clarifies.
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