In response to US President Donald Trump's ultimatum to reach a peace deal with Iran within 48 hours, Iran's central military command has firmly rejected the threat, labeling it as 'helpless' and 'stupid'. General Ali Abdollahi Aliabadi warned that the 'gates of hell' would open for the US if the threats continued. Trump's statement, made on Truth Social, reiterated his willingness to intensify attacks and mentioned the strategic Strait of Hormuz, a critical waterway for global oil transport. Following Trump's remarks, an Israeli defense official indicated that Israel was preparing to target Iranian energy facilities, pending approval from Washington. Despite the escalating tensions, Iran's foreign minister, Abbas Araghchi, expressed a willingness to engage in peace talks, mediated by Pakistan, but emphasized the need for a lasting resolution to what he described as an 'illegal war' imposed on Iran. The ongoing conflict has resulted in significant casualties and has exacerbated an energy crisis, affecting the global economy as Iran effectively shuts down the Strait of Hormuz, which carries about one-fifth of the world's oil and liquefied natural gas.