Trump's 48 hours ultimatum
EMERGING ASIA
Over the weekend, Trump has threatened Iran to reopen the Strait of Hormuz with a 48 hour ultimatum. He threatened to target Iranian energy facility while Iranian military vows to retaliate with Gulf countries infrastructure. Oil jumped on the open but is so far restrained as there hasn't been actual fireworks. The ultimatum will expire on Monday U.S. evening, one thing to watch for in the coming session.