Trump's 48-hour ultimatum

The U.S. President used social media to set a strict Monday deadline for Iran to either make a peace deal or restore free passage through the vital maritime corridor.

This ultimatum comes as diplomatic efforts in Pakistan reportedly stalled and global oil prices reached record highs due to the blockade.

Senator Lindsey Graham and other GOP allies have publicly backed the threat, urging Iran to 'choose wisely' before military strikes resume.

Meanwhile, international leaders are attempting to bypass Washington to find a resolution that prevents a total collapse of global energy markets.