Ultimatum countdown! The U.S. and Israel escalate aggressively, targeting Iran's economic lifeline

MaticHoleFiller · 2026-04-12T16:16:18+00:00

Trump sets a deadline to reopen the Strait of Hormuz, with the US and Israel targeting a series of strike objectives in Iran, planning to cripple its economy. Israel intensifies attacks on Iran's key industries such as steel and petrochemicals, and the conflict could escalate into a full-scale economic attrition war. Iran threatens retaliation, and the tense situation impacts the global energy markets.

MaticHoleFiller

2026-04-12 16:16:18

Abstract generation in progress

Trump sets a final deadline for reopening the Strait of Hormuz, with the U.S. waiting for authorization to strike, targeting core industries such as energy, steel, petrochemicals, and pharmaceuticals, as the conflict risks escalating into a full-scale economic war.

The U.S. and Israel have already identified a series of targets in Iran to cripple its economy, aiming to force the regime into a long and painful recovery process after the war.

An Israeli official revealed that Israel is waiting for Washington to give authorization this week to begin striking Iran’s energy facilities, which could deal a heavy blow to this major global oil and gas producer. President Trump told The Wall Street Journal on Sunday that the U.S. is ready to destroy all of Iran’s bridges

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.