TEHRAN — Iran has warned it will shut the Strait of Hormuz indefinitely if President Trump follows through on threats to "obliterate" the country’s power plants. The ultimatum comes after Trump demanded the strategic waterway be fully reopened within 48 hours or face the destruction of Iran's energy grid.

Tehran maintains that if its infrastructure is targeted, the strait will remain closed until all plants are rebuilt. They further threatened retaliatory strikes against Israeli and regional energy hubs with U.S. shareholders.

Key Impacts:

• Oil Markets: U.S. crude hit $100 per barrel on Monday as shipments nearly halted.
• Conflict Toll: Over 2,500 dead in four weeks, including 13 U.S. service members.
• Economic Risk: Surging prices pose a severe inflationary threat to major importers like India.