President Trump states the U.S. is in a "critical period" regarding the war with Iran.
He explains his messaging has shifted from suggesting the war is ending to threatening to bomb Iran "back to the stone ages," framing it as a response to Iranian actions.
A specific deadline is set: Iran has until 08:00 Eastern Time the following day.
This deadline follows an extension; Trump states he gave them ten days, then an extra day indirectly because it was the day after Easter.
He claims Iran is negotiating "in good faith" as of the statement.
The U.S. is receiving help from unnamed "incredible countries" that also want the conflict ended.
The explicit threat is that if the deadline passes, Iran will have "no bridges" and "no power plants."
The core market implication is extreme geopolitical uncertainty and binary risk surrounding Iran, contingent on actions within a 24-hour window.
The key limitation is the president's own stated uncertainty: "I can't tell you... It depends what they do," making any outcome highly conditional.