President Trump announced Thursday that he has granted Iran yet another extension on his ultimatum to reopen the Strait of Hormuz, pushing the new deadline to April 6 and describing it as “the most serious, most final, most extremely real deadline in the history of deadlines, possibly ever.” This is the third such extension since the U.S. began bombing Iran on February 28, a timeline that administration officials characterize as “going great.”
Iran, for its part, has reportedly used the additional time to not surrender, a move analysts describe as “consistent with their previous behavior” and “pretty much what everyone expected.” White House officials said they anticipated receiving Iran’s counter-proposal Saturday, which insiders suggest will include terms that could be summarized as “no.”
Meanwhile, the Strait of Hormuz remains a source of significant concern for global oil markets, with Brent crude topping $110 per barrel as tanker captains reportedly began pricing in a “vibes premium” for sailing anywhere near the Persian Gulf. The Dow Jones fell 793 points on Friday, which Treasury Secretary described as “just the market taking a little nap.”
“We’re in complete control of this situation,” an unnamed senior administration official told reporters while boarding a helicopter. “Iran knows we mean business. The April 6 deadline is iron-clad, unbreakable, and absolutely not going to be extended again.” He then quietly asked an aide to block April 7 on his calendar, just in case.
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