US President Donald Trump has issued a tough ultimatum to Iran, calling for the restoration of full access to the Strait of Hormuz within 48 hours. According to the American leader, if this demand is not met, the United States will strike Iranian power plants, starting with the largest.
This is reported by Finway
“If Iran does not fully open the Strait of Hormuz without threats within 48 hours from now, the United States of America will strike and destroy their various power plants, starting with the largest,” Trump wrote on his own social media platform, Truth Social.
Impact of the Blockade of the Strait of Hormuz on the Energy Market
Iran blocked the Strait of Hormuz following the outbreak of war in the Middle East, leading to significant consequences for global energy. The Strait of Hormuz is a critically important route for transporting up to 20% of the world’s maritime oil exports, as well as substantial volumes of liquefied natural gas. As of March 2026, due to this restriction, global oil prices have surged sharply, and the raw material shortage in the market has become one of the largest in decades.
Response from International Organizations and the US
In the face of oil shortages, the International Energy Agency was forced to undertake a record release of strategic reserves – approximately 400 million barrels were released to the market. At the same time, the US temporarily lifted sanctions on the supply of Russian oil, which is currently on ships at sea, as well as on Iranian oil, in order to stabilize the market and ensure energy security.