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Iran War News: Trump Threatens Civilian Strikes

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Trump fires Pam Bondi, puts pro-crypto Todd Blanche

Iran war news escalated Monday as President Trump renewed his threat to bomb Iranian bridges and power plants if no deal is reached before Wednesday’s ceasefire expiry, NBC News reported, even as Iran’s central military command warned its response to any civilian infrastructure strike would be “much more devastating and widespread.”

Summary

  • Trump told reporters Iran is “getting obliterated” and said he alone controls any ceasefire decision, adding he has given Tehran opportunities to end the war that they have not taken.
  • When asked if bombing civilian infrastructure would be a war crime, Trump said: “No. I hope I don’t have to do it.”
  • Iran’s Khatam al-Anbiya military command warned that any repeat attack on civilian targets will trigger a “much more devastating and widespread” response.

Iran war news reached its most dangerous threshold this week as Trump used the Wednesday ceasefire expiry as a hard deadline for Iran to accept his terms or face strikes on power plants, bridges, and other civilian infrastructure. The threat is not new: Trump warned “a whole civilization will die tonight” on April 7, before agreeing to the current two-week ceasefire hours later. He has now renewed the threat with the ceasefire’s final days running out and no deal in sight.

“No. I hope I don’t have to do it,” Trump told reporters Monday when asked directly if bombing civilian infrastructure would constitute a war crime. He pointed to Iranian attacks on civilians throughout the conflict, saying: “They’re animals, and we have to stop them.”

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Iran’s Khatam al-Anbiya Central Headquarters issued a formal statement Monday: “If attacks on civilian targets are repeated, the next stages of our offensive and retaliatory operations will be much more devastating and widespread.”

Trump simultaneously described Iran as negotiating “in good faith” and told Axios on Sunday that “the concept of the deal is done,” while maintaining his infrastructure strike threat on a parallel track. That framing positions the threat as pressure rather than intent, but the US military in the Central Command region has maintained full strike readiness throughout the ceasefire period.

Iran has said any attack on its power plants would trigger retaliatory strikes on power stations and desalination plants across Gulf Arab states. Iranian authorities urged civilians to form human chains around power plants as a deterrent. Iran’s internet infrastructure has already suffered outages attributed to earlier strikes, and the Bushehr nuclear facility was previously hit.

Asked about a Pakistani proposal for a 45-day extended ceasefire, Trump described it as “not good enough, but a very significant step,” the closest he came Monday to acknowledging that a bridging framework exists.

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The Legal and Diplomatic Context

Legal experts have consistently described Trump’s specific threats against power plants and water infrastructure as potential war crimes under international humanitarian law and the Fourth Geneva Convention. Attacking civilian infrastructure that does not serve a direct military function constitutes collective punishment of a civilian population, which is prohibited under the Geneva rules.

Trump rejected the framing when pressed directly. Secretary of State Marco Rubio did not respond to reporters’ questions about whether civilian infrastructure strikes would constitute war crimes. The administration has not publicly offered a legal argument that the targeted infrastructure qualifies as dual-use military assets.

Pakistan, Egypt, and Turkey have all been working on bridging proposals. Iran has told intermediaries it is open to a 45-day ceasefire guaranteeing a path to a permanent settlement, a position Trump acknowledged without accepting.

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What a Strike Would Mean for Oil and Crypto

For oil bitcoin correlation dynamics, a confirmed strike on Iranian civilian infrastructure without a deal removes any near-term prospect of diplomatic resolution and pushes Brent crude through the $100 level toward the war-peak range of $114 to $166. The market has been trading diplomatic signals, not military reality. An executed infrastructure strike resets that calculus entirely.

A nuclear deal scenario, the opposite outcome, remains on the table but requires Iran to accept some form of nuclear concession it has publicly rejected. Analysts have outlined a path from Bitcoin at $74,000 to $100,000 under a genuine ceasefire and Hormuz reopening, a scenario that requires the opposite of what civilian infrastructure strikes would produce.

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Crypto World

Bank of Korea Governor Supports CBDCs, Deposit Tokens in First Speech

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Bank of Korea Governor Supports CBDCs, Deposit Tokens in First Speech

The newly appointed Governor of the Bank of Korea, Shin Hyun-song, has voiced support for central bank digital currencies (CBDCs) and tokenized deposits in his first public address.

Shin, who began his four-year term after an inauguration ceremony in Seoul on Tuesday, said the central bank will advance the second phase of “Project Hangang,” a Bank of Korea-led pilot project to test a blockchain-based, wholesale CBDC system.

He also pointed to international cooperation efforts, including the “Agora Project,” an international collaborative initiative launched in April 2024 by the Bank for International Settlements (BIS) and seven central banks to explore the tokenization of cross-border payments. Shin said these initiatives “will elevate the status of the Korean won in the digital payment environment.”

While previous reports had suggested Shin was open to won-based stablecoins, he did not mention stablecoins in his inaugural speech.

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South Korea’s stablecoin bill remains stalled, with regulators and lawmakers split over whether issuance of won-pegged tokens should be limited to commercial banks or opened up to non-bank players such as fintech and tech firms.

Related: South Korea draft bill puts stablecoins, RWAs under finance laws: Report

Shin flags geopolitical risks

Shin also mentioned rising tensions in the Middle East and its effect on oil prices, saying that the Bank of Korea must adapt to rising uncertainty driven by geopolitical shocks, inflation pressures and shifts in the global economy.

“We must strive for price and financial stability through the operation of prudent and flexible monetary policy,” he said.

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Top Korean crypto exchanges. Source: CoinGecko

Shin was the BIS economic adviser from May 2014 to March 2026 and also served as head of the Monetary and Economic Department from January 2025, according to the BIS website.

Last month, he published an academic paper arguing that stablecoins fail to meet a core property of money, “unity,” because blockchain networks are inherently fragmented across different chains with varying fees, security and decentralisation levels.

Related: Naver-Dunamu filing sets IPO committee, listing timeline for fintech group

South Korea to test tokenized deposits for government spending

South Korea’s Ministry of Economy and Finance is preparing to test blockchain-based payments for selected government expenses as part of a regulatory sandbox exploring distributed ledger technology in public finance.

The pilot will use tokenized deposits to execute government operational spending, with a full rollout targeted for the fourth quarter of 2026. The initial phase will be launched in Sejong City and will include conditions such as limits on timing and spending categories.

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