Trump's post on Truth Social:
"Assuming Iran agrees to give what has been agreed to, which is, perhaps, a big assumption, the already legendary Epic Fury will be at an end, and the highly effective Blockade will allow the Hormuz Strait to be OPEN TO ALL, including Iran. If they don’t agree, the bombing starts, and it will be, sadly, at a much higher level and intensity than it was before. Thank you for your attention to this matter!"
The markets are pulling back a bit on Trump's ultimatum...
The deal he's talking about is the one Axios reported on here earlier in the session. This agreement will see both sides lifting restrictions around transit through the Strait of Hormuz. Though at the same time, the US will also agree to lift its sanctions and release billions in frozen Iranian funds. Moreover, Iran would agree to remove its highly enriched uranium from the country, a key US priority that Tehran has rejected up to now.
