The US assault on Iran has stoked fears among Trump’s aides and advisers about the political consequences of being drawn into a prolonged war with no clear endgame and little buy-in from the public, according to CNN citing sources
Newsquawk Staff ·
The US assault on Iran has stoked fears among Trump’s aides and advisers about the political consequences of being drawn into a prolonged war with no clear endgame and little buy-in from the public, according to CNN citing sources.
What it means
The headline suggests rising concerns among Trump’s aides regarding potential political fallout from escalating military actions in Iran. This sentiment can weigh on market sentiment, particularly in oil and equities, as fears of prolonged conflict could disrupt supply chains and economic stability. Traders should watch for fluctuations in commodities, particularly oil prices, as well as shifts in the forex markets, especially involving the USD.
Sources
- CRUDE WRAP: WTI (Z6) SETTLES USD 1.86 LOWER AT 99.90/BBL; BRENT (F7) SETTLES USD 1.33 LOWER AT 109.41/BBL
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