US President Trump reportedly weighs limited strike to force Iran into nuclear deal, according to WSJ; President considers a range of military options but says he still prefers diplomacy

This news adds volatility to market sentiment, particularly influencing risk assets and safe havens.

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[MARKET UPDATE] Oil sees weakness, paring gains, as WSJ reports US President Trump weighs initial limited strike to force Iran into nuclear deal

US President Trump reportedly weighs limited strike to force Iran into nuclear deal, according to WSJ; President considers a range of military options but says he still prefers diplomacy

US President Trump says steel tariffs have been a game-changer

Barings BDC (BBDC) Q4 2025 (USD): EPS 0.27 (exp. 0.26)

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  • Trump is considering an initial limited military strike on Iran to force it to meet his demands for a nuclear deal, in an attempt to pressure Tehran into an agreement but fall short of a full-scale attack that could see a major retaliation.
  • Sources add, the opening fire, which if authorized, could come within days, would target a few military or government sites.
  • If Iran still refused to comply with Trump’s directive to end its nuclear enrichment, the US would respond with a broad campaign against regime facilities.
Context

A military strike against Iran could escalate tensions significantly, likely leading to a spike in oil prices and impacting currencies like the USD and JPY as traders reassess geopolitical risk. While Trump emphasizes diplomacy, the mere consideration of military options suggests a more aggressive posture, which the markets will closely monitor for both immediate reactions and longer-term implications.

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