US President Trump says big armada going over to Iran but hopefully won't have to use it; bigger than the one that was near Venezuela

• Greenland is coming along well.

President Trump's comments about deploying a larger naval presence toward Iran introduce increased geopolitical tensions, which could lead to volatility in oil prices and safe-haven assets like gold. Investors are likely to react to this news by reassessing risk exposure, especially within energy markets and equities. The implications for Forex markets could also be significant, particularly for the USD, as shifts in sentiment towards risk appetite unfold.