Original Source
Trump Issues Ultimatum to Iran, Demanding Open Strait of Hormuz
Trump's Ultimatum to Iran and Market Unease
US President Donald Trump has warned Iran to ensure free navigation through the Strait of Hormuz, threatening to destroy bridges and power plants if his demands are not met. The ultimatum is set to expire at 8 PM Eastern Time on April 6. President Trump's strong remarks have created significant uncertainty in the energy market, causing oil prices and Asian stocks to trade within narrow ranges. The market is currently closely watching the situation in the Strait of Hormuz and Iran's potential responses.
Iran's Firm Rejection and International Mediation Efforts
Iran has rejected a ceasefire proposal conveyed through Pakistan and threatened retaliation by attacking energy infrastructure in the Persian Gulf. The New York Times reported that Iran has made a counter-proposal, demanding up to $2 million per vessel for transit fees. While several countries, including Pakistan, Egypt, and Turkey, have attempted mediation, both sides remain at an impasse. This intensifies concerns about a prolonged Middle East conflict, with geopolitical risks expected to continue influencing oil prices.
Supply Chain Threats and Deepening Oil Price Volatility
The Strait of Hormuz is a critical maritime choke point, accounting for 20% of the world's liquefied natural gas (LNG) supply. Recently, Houthi rebels entered the Red Sea via the Yemeni Strait, posing new shipping risks. Due to military threats from the US and Israel and potential retaliation from Iran, oil prices are on the rise. Experts analyze that the oil market faces unprecedented uncertainty, and prices could fluctuate sharply depending on developments in the next 24 hours.
*Source: YouTube: Bloomberg (2026-04-07)*
