The Trump administration is closer to a major war with Iran than people realise, Axios reports citing sources; a military operation would likely be a massive, weeks long campaign that will be a joint US-Israeli attack
The Axios report highlights growing tensions between the Trump administration and Iran, suggesting a significant military operation is increasingly likely.
[MARKET UPDATE] Crude futures edge higher amid wider airing of the Axios reports that the Trump administration is closer to a major war with Iran than people realise; WTI and Brent April both at fresh session highs
Ukraine's President Zelensky tells reporters that they've agreed to continue peace discussions, adds that talks were difficult and positions are different for now
The Trump administration is closer to a major war with Iran than people realise, Axios reports citing sources; a military operation would likely be a massive, weeks long campaign that will be a joint US-Israeli attack
Alphabet's (GOOGL) CEO announces new project to bring subsea connectivity between India and USA
[MARKET ANALYSIS] WTI and Brent nurse prior day losses; Ukraine talks concluded, with second round of talks set to commence soon
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- "The boss is getting fed up. Some people around him warn him against going to war with Iran, but I think there is 90% chance we see kinetic action in the next few weeks," one official said.
This escalation could have widespread implications across various asset classes, particularly in oil markets and related currencies, as geopolitical stability is crucial for energy prices and risk sentiment. Traders should monitor fluctuations in commodities and the USD, as well as safe havens like gold, in response to this evolving situation.
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