Trump reiterated his threats to Iran on Monday (Apr 6) that that US would bomb Iran’s civilian infrastructure facilities unless the Strait of Hormuz is reopened Wednesday (Apr 8). Tuesday, accordingly, is the judgement day as to whether the war will end or escalate. Till this morning, Iran refused a 45-day ceasefire proposal, which lifted the Dated Brent (physical marker price of oil) to above US$140 per barrel. To subscribe please click here