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1 hour ago

Why the Strait of Hormuz matters as Trump issues fresh ultimatum to Iran

Few places on the planet matter more to the global economy than the Strait of Hormuz.That’s why President Donald Trump has given Iran until Tuesday to allow all vessels through the key waterway — or face strikes on critical infrastructure, as fuel costs climb worldwide.In a profanity-laced post on Truth Social, Trump wrote on Sunday: "Tuesday will be Power Plant Day, and Bridge Day, all wrapped up in one, in Iran. There will be nothing like it!!! Open the F-----’ Strait, you crazy b-------, or you’ll be living in Hell - JUST WATCH! Praise be to Allah.""Tuesday, 8:00 P.M. Eastern Time!" he wrot...

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