HIGH RISK March 22, 2026

US-Iran Escalation: Trump Issues Hormuz Ultimatum as Regional Conflict Intensifies

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President Trump has issued a 48-hour ultimatum threatening to 'obliterate' Iranian power plants unless Tehran reopens the Strait of Hormuz. Iran has responded by threatening to target all US energy infrastructure in the region, while continuing missile strikes against Israel and expanding attacks to include US-UK facilities at Diego Garcia.

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