Trump issues another "ultimatum," causing oil prices to rise

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Odaily Planet Daily News: U.S. President Trump threatened that if the Strait of Hormuz is not reopened, he will strike Iran’s energy facilities. As a result, oil prices rose at the open. U.S. crude is up 1.3%, to $113 per barrel. “Tuesday will be Iran’s power-plant day and bridge day—done in one go. Absolutely unprecedented!!! Open the strait, now.” Trump said in a post Sunday morning. A few hours later, he apparently set a new deadline: “Tuesday, 8:00 p.m. Eastern Time!” Trump previously issued a similar two-day ultimatum to Iran on March 21, but later extended the deadline to April 6. (CNN)

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