- U.S. President Donald Trump issued a new ultimatum to Tehran, threatening to bomb Iran's power plants and bridges by Tuesday if the Strait of Hormuz is not reopened.
- Following Trump's expletive-laden social media post, global oil prices surged, with Brent crude rising to $109.80and US-traded oil to $112.40 a barrel.
- Asian stock markets showed mixed reactions, with Japan, South Korea, and India seeing gains, while gold and silver prices declined.
- Iran responded to Trump's threats with taunting memes and a senior military officer dismissing the ultimatum as “helpless” and warning of severe retaliation.
- Discussions are reportedly underway between the U.S., Iran, and regional mediators for a potential two-phased 45-day ceasefire, aiming for a permanent end to the conflict.
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