President Donald Trump issued a 48-hour ultimatum to Iran demanding the reopening of the Strait of Hormuz after weeks of conflict spiked global oil prices.The war involving Israel has led to the death of Supreme Leader Ali Khamenei and his replacement by Mojtaba Khamenei as energy infrastructure faces heavy airstrikes.Global markets face recession risks with Brent crude surging 55 percent while Australia and Asian nations prepare for severe fuel shortages and export bans.Despite targeting sites like the
South Pars gas field, the US government seeks an additional 200 billion dollars for military operations amid rising national debt levels.