World Business Report Trump gives Iran threatening deadline to reopen the Strait of Hormuz
Apr 6, 2026
KJ Matthews, LA entertainment writer, gives a quick take on the Super Mario Galaxy movie's surprise box office hit. Walter Todd, Greenwood Capital CIO, weighs in on oil markets and investor reactions to the Strait of Hormuz tensions. Gina Abercrombie Winstanley, former US ambassador, explains the diplomatic dilemmas around Iran, mediation efforts and civilian risks from strikes.
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Trump's Deadline And Threat To Iran
- President Donald Trump gave Iran a deadline to reopen the Strait of Hormuz and threatened to hit civilian infrastructure if no acceptable deal is reached.
- He specified 8pm deadline and graphic plans to 'decimate' bridges and power plants within hours if demands aren't met.
Bombing Infrastructure Would Hurt Civilians And Oil Markets
- Gina Abercrombie Winstanley warned bombing Iranian infrastructure would cause severe civilian harm and disrupt oil production.
- She said such strikes would be costly for civilians and could provoke further interruptions to global oil supplies.
Iran Wants Permanent End And Compensation
- Iran demands a permanent end to the war and compensation rather than a temporary ceasefire.
- Gina noted Iran wants unfreezing of assets, lifting sanctions, or fees for Strait passage as possible components of a deal.