Newsquawk Logo

A senior US administration official, on the Middle East conflict and President Trump's view, says "The Iranians f*cking around with the Strait makes him more dug in"

Importance
Level 1
  • An advisor says that Trump is bullish on the success of the operation thus far and believes the American people will believe it was the right approach once it is over.
  • Advisor adds that Trump, and others in the administration, genuinely believe that gas prices will substantially fall when the Middle East conflict concludes, and long enough before the midterms to not be a problem.
  • President Trump's advisers warn the Iran war could drag on longer if the regime succeeds in strangling the Strait of Hormuz and driving oil prices beyond his tolerance.
#UNITED STATES#USD#EUR#JAPAN#JPY#UNITED KINGDOM#GBP#ASIA#EUROPE#FOREX#EQUITIES#ENERGY#EU SESSION#DOW JONES INDUSTRIAL AVERAGE#WTI#COMMODITIES#GOLD#S&P 500 INDEX#NASDAQ 100 INDEX#BRENT CRUDE#DXY#TRUMP#GAS
Published: Updated: