Trump Issues Iran Ultimatum: Threatens 25% Tariff On Any Country Doing Business With 'Islamic Republic' — Says 'This Order Is Final' - iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO)

Group 1 - President Trump announced a 25% tariff on any country conducting business with Iran, aiming to increase pressure on Tehran amid ongoing protests [2][3] - The U.S. goods and services trade with Iran was valued at $838.4 million in 2024, despite existing sanctions [3][4] - Iran's major trading partners include China, Türkiye, the UAE, Iraq, and India, with exports primarily consisting of petroleum and natural gas products [4] Group 2 - The announcement is expected to significantly impact global energy prices, given Iran's status as a major oil and gas producer with an output exceeding 4 million barrels per day [4] - There is a risk of potential closure of the Strait of Hormuz, a critical shipping corridor for oil, which could lead to Brent crude prices spiking to $110 per barrel according to Goldman Sachs analysts [5] - Current WTI crude futures are trading at $59.72 per barrel, reflecting a 0.67% increase, while February natural gas futures are down to $3.340 per MMBtu [6]