US President Donald Trump addressed the media from the White House, emphasizing that Iran was poised to launch an attack first, based on the trajectory of negotiations. He also highlighted ongoing trade discussions, tariff impacts, and military actions against Iran. Trump stated that Iran no longer possesses air defense capabilities and criticized the UK and Spain for their responses to Iran-related issues, threatening to cut trade ties with Spain. He mentioned potential short-term oil price spikes but anticipated a decline once military actions conclude. Trump’s remarks could influence global markets, particularly oil prices and USD dynamics. The threat of military escalation in the Middle East may temporarily boost oil prices due to supply concerns, while the USD could strengthen amid risk-off sentiment. However, the anticipated resolution of military tensions might later pressure oil prices downward. Traders should monitor Iran-related developments, US military actions, and trade policy shifts for market-moving impacts. For Gulf and MENA investors, Trump’s comments signal heightened geopolitical risks in the region, which could affect energy markets and regional stability. The potential for prolonged US-Iran tensions remains a key watchpoint, alongside the broader implications of US trade policies on global supply chains. Investors should prepare for volatility in oil-linked assets and monitor USD movements against emerging market currencies.

Read full article from source ↗