US President Trump says in primetime address that Iran's navy is gone and air force is in ruins, adds most of Iran's leaders are dead and Iran's ability to launch missiles and drones curtailed
President Trump's address significantly escalates the geopolitical tension surrounding Iran, suggesting a deterioration of its military capabilities and asserting strong U.S.
US President Trump says strategic objectives are nearing completion, must complete mission in Iran and will finish the job very fast, adds Iran can never be trusted with nuclear weapons
[MARKET UPDATE] Oil prices gain amid the comments from US President Trump outlining success in the Iran conflict with WTI returning above the USD 100/bbl level
US President Trump says in primetime address that Iran's navy is gone and air force is in ruins, adds most of Iran's leaders are dead and Iran's ability to launch missiles and drones curtailed
US President Trump delivers Prime Time address
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Says:
- We don't need oil from the Middle East.
- Will never let Iran have a nuclear weapon.
intentions regarding Middle Eastern oil independence and nuclear proliferation. This stance could lead to volatility in energy markets, particularly impacting oil prices and dollar strength against currencies of oil-importing nations, while also heightening risk aversion in equities and safe-haven flows into gold. Traders should be attentive to market reactions as the narrative develops.
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