00:00Trump warned on Truth Social that the U.S. will destroy Iran's electric plants, oil wells,
00:06Karga Island, and possibly desalination facilities if the Strait of Hormuz is not
00:11immediately reopened and a peace deal is not reached soon. He framed the threat in the context
00:16of ongoing negotiations with what he called a new and more reasonable regime, suggesting talks are
00:22progressing but not yet finalized. Now in its fifth week, the conflict has nearly halted shipping
00:28through the Strait of Hormuz, with Iran retaliating against vessels attempting to pass through.
00:34Oil prices have surged in response, with Brent crude on pace for its largest monthly gain on
00:40record, while Iran has dismissed U.S. proposals as excessive and denied being in direct talks.
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