President Donald Trump set a Tuesday 8 p.m. ET deadline, threatening to destroy Iranian civilization and target bridges, power plants if demands unmet.
Oil prices hovered around $110 per barrel, up from pre‑war $70, as the Strait of Hormuz closure threatens global supply and inflation.
Iran’s IRGC warned it could expand attacks on U.S. infrastructure and disrupt regional oil and gas flows for years.
Iran proposed a 10‑point plan and preconditions including ceasefire and fees for Hormuz passage, while Trump remains open to a diplomatic deal.