US officials warned if US President Trump orders strikes on Iran, Tehran could retaliate through proxies such as Hezbollah or Al-Qaeda against American targets abroad
Newsquawk Staff ·
US officials warned if US President Trump orders strikes on Iran, Tehran could retaliate through proxies such as Hezbollah or Al-Qaeda against American targets abroad.
What it means
The warning from US officials underscores heightened geopolitical tensions, particularly with Iran, which could lead to increased volatility in risk assets. If retaliatory actions occur, markets might see a flight to safe havens like gold and the USD, alongside potential spikes in energy prices given the region's significance to oil supply. Traders should watch for shifts in sentiment as these developments unfold, as they could impact broader market dynamics.
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