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US military is ready to strike Iran as early as this weekend, although President Trump has yet to make the final decision, according to sources familiar with the matter cited by CNN

Newsquawk Staff ·

US military is ready to strike Iran as early as this weekend, although President Trump has yet to make the final decision, according to sources familiar with the matter cited by CNN.

What it means

The potential for US military action against Iran could escalate tensions in the region, spurring volatility across markets. In times of geopolitical uncertainty, watch for safe-haven assets like gold to gain traction, while energy prices, particularly crude oil, might react more sharply based on perceived supply risks. Overall, this situation adds a layer of complexity for risk sentiment and currency movements, particularly for the USD relative to major pairs.

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