Time is rapidly running out for Donald Trump’s ultimatum to Iran, with the American president warning that Tehran faces devastating consequences if it fails to reopen the Strait of Hormuz before his deadline of 8:00 p.m. EDT Tuesday (00:00 GMT Wednesday).
As the deadline set by US President Donald Trump to Iran to agree a deal nears, he has posted a stark message on his social media warning that a civilisation could die tonight.
Iran said on Monday it wanted a lasting end to the war with the US and Israel, and pushed back against pressure to swiftly reopen the Strait of Hormuz under a temporary ceasefire as US President Donald Trump warned the country could be "taken out" if it did not meet his Tuesday night deadline to reach a deal.
Oil prices climbed on Monday as markets reacted to US President Donald Trump's threat of further action against Iran and set a Tuesday evening deadline linked to the reopening of the Strait of Hormuz.
Two US warplanes were downed over Iran, said media reports, with two pilots rescued and a third still missing and being hunted by Tehran's forces. The incidents show the risks still faced by US jets over Iran despite assertions from President Donald Trump that their forces had total control of the skies.
Oil prices continued to climb on Thursday with no sign of easing, as markets priced in a prolonged supply squeeze from the Middle East following stalled negotiations and firm signals from Donald Trump that the blockade on Iran will remain in place.
US President Donald Trump on Thursday warned the US military will destroy bridges and electric power plants in Iran, even as the world awaited an end to the conflict.
US President Donald Trump has said that he is going to keep Iran under a naval blockade until the regime agrees to a deal that addresses US concerns about its nuclear programme.
US President Donald Trump said Iran had indicated it was in a “state of collapse” and was seeking the urgent reopening of the Strait of Hormuz, even as efforts to end the two-month conflict remained deadlocked.
The latest proposal by Iran to end the war is unlikely to be accepted by US President Donald Trump, a CNN report said quoting sources.
