Trump warns of “one big glow” as U.S. and Iran clash in Strait of Hormuz The U.S. and Iran exchanged strikes in the Strait of Hormuz, risking collapse of their fragile ceasefire. Trump warned of devastating retaliation if Iran refuses a deal, while Iran vowed defiance and stronger responses. Both nations accuse each other of violating the ceasefire, with attacks on warships, oil tankers, and civilian areas. Global oil prices surged past $100/barrel, and gas prices rose 40% since late February amid supply disruptions. Russia and China blocked a U.S. UN resolution, urging negotiations as tensions threaten wider regional chaos.…

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