Tehran Rejects US Ultimatum as Strait of Hormuz Standoff Escalates

Tensions over the Strait of Hormuz have reached a boiling point as Iran dismissed a deadline set by US President Donald Trump to fully reopen the critical waterway by Tuesday evening. Tehran proposed a 10-point peace plan, which included lifting sanctions and guaranteeing safe passage through the strait, but it was quickly deemed “not good enough” by Trump. With 20% of the world’s oil and gas flowing through the strait, the stakes are global. Trump has threatened to escalate by targeting Iran’s