Trump's deadline looms as iran tensions escalate

As Iran's strategic Strait of Hormuz remains closed, US President Donald Trump has issued a stern ultimatum, threatening to destroy key Iranian electrical infrastructure if a deal isn't reached by Monday night.

Oil prices plunge amid escalating tensions

Despite the heightened rhetoric, crude oil prices plummeted on Monday, with the US benchmark falling 1.4 dollars to $110.14 per barrel and Brent dropping 0.45 dollars to $108.58.

Trump's aggressive stance, aired on his social media platform Truth Social, echoes his earlier threats.