US President Trump said he is strongly considering pulling the US out of NATO after it failed to join his war on Iran, The Telegraph reports

President Trump’s contemplation of withdrawing the U.S. from NATO signifies a potential shift in U.S. foreign policy, particularly regarding its alliances and global military commitments. If realized, this move could undermine NATO’s collective defense framework and escalate tensions with Iran and other geopolitical adversaries, which may lead to volatility across risk assets, including equities and commodities like oil and gold.