In a series of posts on his Truth Social platform over the holiday weekend, President Donald Trump told Iran that it must open the Strait of Hormuz by 8 pm Eastern Standard Time on Tuesday or "all hell will reign down on them." The main U.S. equity indexes were in the green for most of Monday's trading session, even as crude oil prices continued to climb.
Expanding on his threat in a profanity-laced Sunday morning message, Trump said, "Tuesday will be Power Plant Day, and Bridge Day, all wrapped up in one, in Iran. There will be nothing like it!!!"
