President Trump set an 8 PM ET deadline for Iran to reopen the Strait of Hormuz as Bitcoin stayed below $70,000 on Tuesday. Vice President JD Vance said the war would conclude "very shortly," while a senior U.S. official reportedly told Fox News that talks with Tehran were positive. Trump later warned that "a whole civilization will die tonight" and claimed "Complete and Total Regime Change" had occurred. The Strait of Hormuz closure has already removed roughly 20% of global oil supply from the market, with Brent crude above $110 per barrel.