Trump Issues 48-Hour Ultimatum

In a series of aggressive social media posts, President Trump demanded that Iran immediately cease its blockade of the crucial global shipping lane.

The president threatened that 'all hell will rain down' if a deal is not reached within the two-day window.

Iranian officials responded by vowing to defend their territory, calling the ultimatum a sign of US desperation.

The standoff has sent global oil markets into a state of extreme volatility as the deadline approaches.