BUSINESSglobal
Trump’s 48-Hour Hormuz Ultimatum to Iran Raises Stakes in Gulf War
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Updated 3 hours ago
First seen March 22, 2026 19:02:57Stay on top of this story
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Quick Summary
U.S. President Donald Trump and Iran threatened to escalate their war by attacking energy and desalination facilities in the Gulf, a potential widening of hostilities that could deepen a regional crisis and add to concerns in global markets.