Trump’s Ultimatum to Iran: Oil Prices Surge as Strait of Hormuz Crisis Escalates | Supply Disruption

Oil prices spiked on Sunday, with U.S. crude topping $114 a barrel, after President Donald Trump issued a 48-hour ultimatum to Iran: reopen the Strait of Hormuz by Tuesday, 8:00 PM ET, or face attacks on power plants and bridges. In a profanity-laced social media post, Trump warned Iran would be “living in Hell” if it refuses.<br /><br />The Strait of Hormuz—a chokepoint for 20% of global oil supplies—has been effectively closed by Iranian tanker attacks, triggering the largest oil supply disruption in history. Crude, jet fuel, diesel, and gasoline prices have surged since the war began.<br /><br />According to TD Securities, nearly 1 billion barrels of supply will be lost by the end of April. OPEC+ has agreed to raise output by 206,000 barrels per day in May, but it’s unclear how oil will reach markets with the strait closed. Meanwhile, Kuwait reported drone attacks on its facilities.<br /><br />In this video, we break down:<br /><br />Trump’s latest threat and timeline<br /><br />Real-time oil price movements (WTI & Brent)<br /><br />Supply loss forecasts from TD Securities and Rapidan Energy<br /><br />OPEC+ response and logistical challenges<br /><br />🔔 Subscribe for real-time energy market updates.<br />👍 Like & Share to keep others informed.<br /><br />#OilPrices #StraitOfHormuz #TrumpIran #EnergyCrisis #WTI #Brent #OPECplus