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Shouyuan Futures: Trump Demands Iran Open Strait of Hormuz Within 48 Hours
On the evening of the 21st, Trump posted on social media demanding Iran open the Strait of Hormuz within 48 hours, or else he will launch attacks on Iran’s “various power plants” and destroy them. Iran has threatened to retaliate against U.S. and Israeli energy facilities. Bessent stated that “50 days of price increases can buy 50 years of Iran without nuclear weapons.” U.S. President Trump said he currently does not want a ceasefire regarding Iran. U.S. media reported that the Department of Defense has made detailed preparations to deploy ground troops in Iran. The situation in Iran is escalating, and the war may last longer than expected, with oil prices bullish. In the short term, prices continue to remain high with intense volatility. (Chuangchuang Futures)