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6 Articles
Donald Trump has issued an ultimatum to Iran over the destruction of bridges and power plants. Blocking the Strait of Hormuz threatens to cause a shortage of LNG on the world market.
Buenos Aires, 7 April (NA) – International oil prices rise above $110 this Tuesday, at hours when the deadline for Donald Trump’s ultimatum to Iran expires due to the reopening of the Strait of Ormuz, which threatens a new escalation of the war in the Middle East. Brent, a reference for Europe, is paying $111 per barrel during this day. While the West Texas Intermediate crude oil (WTI) reference in the United States is located at $116 per barrel…
Global Markets React to Trump’s Ultimatum on Iran’s Oil Supply
Spread the loveOn April 7, 2026, global stock markets exhibited a cautious upward trend as investors responded to rising oil prices amid escalating tensions surrounding Iran’s oil routes. This market shift comes ahead of a critical deadline set by U.S. President Donald Trump, demanding Iran to reopen the crucial Strait of Hormuz or face military retaliation targeting its infrastructure. Market Movements: A Global Perspective Global shares showed
The deadline is Tuesday at 9 p.m. in Argentina and keeps global markets in check. With Iran firm in its rejection of a temporary truce, oil moved back above $110 per barrel and fears of a new inflationary energy shock grow. Read more
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