Donald Trump has issued a 48-hour ultimatum to Iran demanding the reopening of the Strait of Hormuz or face the destruction of its power plants.The IRGC responded by vowing a total blockade of the strategic waterway and retaliatory strikes against US-linked technology firms in the region.The escalating conflict has already killed over 2,000 people and caused global Brent crude oil prices to surge to $112 per barrel.Maritime traffic through the strait has plummeted by 95 percent after 24 commercial vessels were attacked or damaged during the ongoing war.