US lawmakers have begun talking about a supplemental funding bill for the Iran war, Punchbowl reports; package could have a USD 100bln or greater price tag, according to sources

The discussions among US lawmakers regarding a significant supplemental funding bill for the Iran war, potentially exceeding USD 100 billion, highlight escalating geopolitical tensions. Such a move could have ripple effects across risk assets and commodities, particularly influencing oil prices and safe-haven currencies like the USD, JPY, and gold, as the market adjusts to potential supply disruptions or increased military involvement.