US President Donald Trump on Sunday, issued a stark warning to Iran, threatening to "hit and obliterate" the country's power plants if the Strait of Hormuz is not fully reopened within 48 hours. The closure has sent oil prices soaring, with global markets feeling the pinch. Iran has responded to Trump's threat, warning that it will target US energy infrastructure in the region if attacked. The Iranian army has stated that all energy infrastructure belonging to the US in the region will be targeted if Iran's fuel and energy infrastructure is attacked. The move is expected to bring around 140 million barrels of oil to global markets, providing some relief to energy supplies.

Source: dna March 22, 2026 02:08 UTC