Thu, Jun 25, 2026
President Donald Trump says the US will "obliterate" Iranian power plants if the Strait of Hormuz is not open before a 48-hour deadline - the waterway is vital for global oil shipping.
Iran has warned of retaliatory attacks on regional infrastructure in Middle East if US President Donald Trump follows through on his ultimatum over the Strait of Hormuz.
The gold and silver price have increased on June 21.