In a rapid development, US President Donald Trump emphasized the need to ensure freedom of navigation in the Strait of Hormuz as a condition for any agreement to end the Middle East conflict, threatening to destroy Iranian infrastructure if his demands are not met by the Tuesday deadline. Iran has rejected this proposal, escalating tensions in the region.
Trump's statements come at a sensitive time as the international community seeks peaceful solutions to the ongoing conflict in the Middle East. These threats have raised concerns among investors, leading to volatile oil prices and a decline in stock market momentum.
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