President Trump Sets Deadline for Iran Deal, Raising Stakes for Global Oil Markets
President Trump has set a final deadline for Iran to strike a deal, escalating tensions in global oil markets. The ultimatum has heightened economic stakes, as markets assess the potential for disruption in the Strait of Hormuz, a critical energy corridor. Iran has rejected a proposed ceasefire framework, demanding broader concessions, including sanctions relief and security guarantees. This rejection maintains pressure on global energy flows, contributing to market uncertainty. Oil prices have fluctuated, reflecting the balance between escalation risks and the slim possibility of a negotiated outcome. The market is caught in a narrow band of uncertainty, with investors leaning towards disruption probabilities. 
