US President Trump says "The Iranians don’t seem to realize they have no cards, other than a short term extortion of the World by using International Waterways. The only reason they are alive today is to negotiate!"

President Trump's comments regarding Iran suggest a hawkish stance, emphasizing the vulnerability of Iran in international negotiations. This rhetoric may heighten geopolitical tensions, likely leading to increased volatility in oil prices and safe-haven assets like gold. Traders should watch for market reactions in commodities and FX, particularly in the USD and JPY, as sentiments shift amid these developments.