Iran issues a US ultimatum of “3–4 weeks” to meet all its demands

Otherwise, they will “sharply intensify actions in the Strait of Hormuz” and carry out a planned preventive strike on U.S.-backed infrastructure in the Persian Gulf, as well as on U.S. and Israeli assets, — an Iranian source senior in Tehran familiar with the situation said.

Iran’s demands include:

🔴1. $300 billion for reconstruction

🔴2. Full release of Iran’s frozen assets totaling up to $120 billion

🔴3. Lifting the naval blockade by the United States

🔴4. Ceasing the war on all fronts, including Gaza and Lebanon

🔴5. Recognition of Iran’s permanent control over the Strait of Hormuz, including up to 7% of transit fees.
🔴6. Lifting all U.S. sanctions on Iranian oil, petrochemical products, and gas

An hour ago, Iran attacked an oil tanker in the southern corridor supported by the United States in Hormuz while it was proceeding under U.S. escort, which led to a major fire in the engine room and casualties among the crew, according to UKMTO.

Brent rose above $91, further intensifying pressure on inflation again.

U.S. stock market futures are responding with a drop. BTC is consolidating around $64K.