Headlines

US President Trump and Netanyahu discussed Iran in a 2nd phone call, according to Axios

Newsquawk Staff ·

  • The White House and the prime minister's office declined to comment.
  • During their first call on Wednesday, Netanyahu asked Trump to hold off on military action against Iran to give Israel more time to prepare for potential Iranian retaliation.
  • It was one of the reasons Trump decided to delay orders for the U.S. military to move forward with a strike against Iran.
  • U.S. officials say military action is still on the table if Iran resumes killing protesters. Israeli officials think that despite the delay, a U.S. military strike could take place in the coming days.

What it means

The various discussions between President Trump and Prime Minister Netanyahu regarding Iran signal potential volatility in global markets, particularly in energy and safe-haven assets. The delay in U.S. military action might provide temporary relief for risk assets; however, the prospect of a strike remains, keeping traders on alert for sudden market shifts depending on developments in Iran.

Sources

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