Iran's latest response to Trump's statement that if the Strait of Hormuz isn't opened, Iran's power plants will be completely destroyed: 1. Iran will fully block the Strait of Hormuz. 2. Iran will target key infrastructure in the Middle East, including energy, IT, and desalination facilities. 3. A senior Iranian military commander stated that the country's military strategy has shifted from defense to offense. 4. Iranian officials claim the country has sufficient reserves of essential supplies to last up to a year. If this really happens, the war could escalate further, and it’s going to be another headache for risk markets. Looks like trading on this risk will kick off as early as Monday.