US President Trump on Tuesday appeared to suggest prioritising stopping Iran from obtaining a nuclear weapon even if it carries domestic economic costs - advisers cited by Axios said the wording was poor and likely to be used in Democratic campaign ads

President Trump's comments indicate a potential escalation in U.S.-Iran tensions, emphasizing national security over domestic economic concerns. This prioritization suggests possible sanctions or military action could be on the table, which may pressure oil prices upward and strengthen safe-haven currencies like the USD. The remarks’ framing as politically controversial might amplify domestic debates, further impacting market sentiment as the elections approach.