US President Trump says taking control of Iran's oil is an option; We have targets we want to hit before we leave
- If US doesn't stay at warm, will still protect Gulf.
- Gulf allies probably like US to stay at war with Iran.
Context
Trump's comments about potentially taking control of Iran's oil signal a hawkish stance that could escalate tensions in the region. This may provoke market volatility, particularly in energy markets, as traders assess the implications for oil supplies and broader geopolitical stability. Watch for possible reactions in oil prices, safe-haven assets like gold, and currency movements, especially in the USD.
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