US President Trump is reportedly open to supporting armed militias in Iran, according to the WSJ; no final decision made yet, including whether plans are to provide arms, training or intelligence support
Newsquawk Staff ·
US President Trump is reportedly open to supporting armed militias in Iran, according to the WSJ; no final decision made yet, including whether plans are to provide arms, training or intelligence support.
What it means
The report regarding President Trump's potential support for armed militias in Iran could indicate an escalation of U.S. involvement in the region, affecting geopolitical stability. This could lead to increased volatility in energy markets, given Iran's significance in oil supply, and may also put pressure on risk assets as investors reassess their exposure to Middle Eastern tensions. Additionally, currency markets might react to a stronger USD as safe-haven demand rises amidst uncertainties.
Sources
- Netanyahu’s Likud Party to be largest in Knesset, reports Channel 12 Exit Poll; no clear winner in Israeli election
- CRUDE WRAP: WTI (Z6) SETTLES USD 1.86 LOWER AT 99.90/BBL; BRENT (F7) SETTLES USD 1.33 LOWER AT 109.41/BBL
- Iranian President Pezeshkian and Russian President Putin discussed energy cooperation and trade
- Iranian President Pezeshkian, at a meeting with Russian President Putin, says there is no point in hoping for the US to resolve problems in the Middle East
- US President Trump says the US will officially ban the term "AI/Artifical Intelligence", due to inaccuracy
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