The new deadline comes as the president and Iranian leaders have ramped up bombastic threats against one another.
President Trump first gave Iran 48 hours to reopen the vital oil shipping route on March 21. The deadline has been reset many times since.
In an expletive-filled social media post, Mr. Trump said Iran should open the Strait of Hormuz or he will bomb bridges and power plants.
The sprawling complex in the city of Mahshahr was taken offline after strikes hit two utility plants that provided basic services like gas and power, Iranian officials said.
In Kuwait, an Iranian attack on Friday damaged a power and water desalination plant, officials said. Both sides in the Iran war have ramped up strikes on civilian targets.
President Trump’s prime-time address received a defiant response from a top leader in Tehran.
President Emmanuel Macron of France expressed disapproval about President Trump’s handling of the war against Iran on Thursday, chastising him for speaking cavalierly in a speech.
Several permanent members of the Security Council opposed the resolution, drafted by Bahrain in coordination with its Gulf neighbors, officials said.
President Trump faces the possibility that at the end of his own two-to-three week window for wrapping up the war in Iran, nothing much will have changed.
The average rate on a 30-year mortgage in the United States jumped to 6.46 percent, making it harder for buyers to afford homes.