Trump's Iran Deadline: Global Markets on Edge

0:00President Trump set Easter Monday as the deadline for Iran to accept his peace plan, or face serious military action, including a ground-op to seize. They're enriched uranium and oil fields. They came after extending his initial two-day ultimatum first to a week, then another 10 days, sparking massive swings in global markets and some big, trading wins. Iran's holding firm, controlling the straight-of-horn moves where over one-fifth of world oil and gas flows through, trapping supplies and hitting fuel. Stocks hard, even in big exporters like the U.S. and Australia. Prices are climbing across the economy, stocks are tumbling, with Wall Street down over 10% from its peak and our ASX 200 right on the edge. The fallout shaking tech in AI2, as Gulf shortages crimp helium from LNG and sulfur for chipmaking, just when massive new data centers are set. To guzzle power like small cities, up to 6% of the grid by 2030. Other confidence is fading fast in this unexpected black swan hitting energy-dependent growth.

1:04Bond markets are screaming trouble, with U.S. debt at $39 trillion and yields on 10-year bonds jumping past 4.4%. Forcing higher rates that Trump ironically wants cut. Down under are 10-year bonds top 5%, and economists like Lucy Ellis see 3 more rate hikes, inflation at 5.4%, and unemployment climbing to 5%. All this volatility peaked last week, with a huge oil futures dump right before Trump's truth social post, claiming talks with Iran trades that look. Fishy as Tehran denied it all, fueling probes into who's betting big on the president's next wild pivot. Markets stay on edge as the standoff drags. I'm Corey with the story, and you've been listening to Sydney News today, AI-powered local news.