"If Iran doesn’t FULLY OPEN, WITHOUT THREAT, the Strait of Hormuz, within 48 HOURS from this exact point in time, the US will hit and obliterate their various POWER PLANTS," Trump wrote.
The leaders also discussed the Ukrainian conflict and the situation in Venezuela in the context of the global oil market situation, Ushakov said.
Options include a joint release of crude oil from strategic reserves, restricting US exports, intervening in oil futures markets, waiving some federal taxes, and lifting the Jones Act requirements.
The affected markets range from the aviation industry to chip manufacturing and even the fashion world.
Some jet fuel prices have doubled since the start of the conflict, with a growing risk of widespread aircraft groundings due to a potential drop in travel.
The players, who were playing in the Women’s Asian Cup in Australia, stood silent last week during the Iranian national anthem, which was interpreted by hardliners in Iran as a sign of treason.
The US expressed surprise at the scale of Israeli strikes on Iranian oil depots, warning that targeting critical infrastructure could backfire.
