The warning follows President Trump's ultimatum, which has created a sense of uncertainty in the markets that could result in catastrophic losses at the opening of stock exchanges, referred to as 'Black Monday'. Analysts predict that if the ultimatum is not retracted, we may see a free fall in the stock markets worldwide. Furthermore, oil prices are expected to spike significantly, driven by renewed fears over geopolitical stability in the Middle East.

As tensions escalate, Iran is likely to target energy infrastructures in Saudi Arabia, the United Arab Emirates, and Qatar, further intensifying the situation. This escalation could prolong the pain of higher energy prices and transform the conflict into a broader regional crisis. The implications of this situation are serious, as disruptions in these key areas could affect global energy supplies and create a ripple effect across economies reliant on oil.

Moreover, the attacks have effectively closed off the Strait of Hormuz, a crucial transport corridor responsible for shipping nearly 20% of the world's oil and liquefied natural gas supply. The immediate impact is notable, with European gas prices surging by 35%, while Asian countries are scrambling to find ways to conserve energy, even encouraging remote work and exploring a four-day workweek to manage the escalating energy crisis.