Trump, Iran threaten power, energy targets as war escalates

U.S. President Donald Trump and Iran threatened to escalate their war, targeting energy and fuel facilities in the Gulf, which could again roil global energy and financial markets and deepen a regional crisis.

Trump on Saturday threatened to “obliterate” Iran’s power plants if Tehran did not fully reopen the Strait of Hormuz within 48 hours, a significant escalation barely a day after he talked about “winding down” the war, now in its fourth week.

Iran warned on Sunday it would target U.S. infrastructure...