Trump issues 48-hour Iran ultimatum

President Donald Trump has escalated regional tensions by delivering a final 48-hour ultimatum to Tehran, demanding the immediate reopening of the Strait of Hormuz.

This aggressive stance follows the rare downing of two U.S. military aircraft, an event that has challenged the administration's narrative of total dominance.

While the Pentagon conducts a high-stakes search-and-rescue operation for a missing weapons systems officer, Trump has warned that 'all hell' will rain down if a deal is not reached by Monday.

The situation has placed global energy markets on edge and prompted concerns among Gulf allies about a wider regional conflagration.