U.S. President Donald Trump has given Iran a two-day deadline to reopen the Strait of Hormuz or have its power plants bombed. If Iran does attack, it would shut the vital waterway completely, according to state TV. The Iranian military plans to target energy, information technology, and desalination infrastructure belonging to the U.S., according to Tasnim news agency. Meanwhile, the speaker of Iran’s parliament Mohammad-Bagher Ghalibaf said the headquarters and assets of financial entities that buy US Treasury bonds are “legitimate targets.” The escalating threats have left some in Trump's Republican Party worried about a potential escalation. The war has already caused an unprecedented oil and gas supply crisis and shortages of fertilizer and crop nutrients, raising the prospect of critical disruptions to food output.