US President Trump says "Unconditional surrender" is when Iran "can't fight any longer", Axios reports from an interview with Trump
Newsquawk Staff ·
"Unconditional surrender could be that [the Iranians] announce it. But it could also be when they can't fight any longer because they don't have anyone or anything to fight with."
What it means
Trump's remarks about Iran suggest a potential escalation in tensions, as the phrase "unconditional surrender" implies a hardline stance that could impact diplomatic efforts. This rhetoric might lead to increased volatility in oil prices and risk assets, particularly if markets react to fears of military conflict or economic sanctions, especially in energy-sensitive sectors.
Sources
- US President Trump says believes I will visit tanker in Texas with Venezuela oil; thinks Secretary of State Rubio will be with him; we are going to accept 1mln bbls of Venezuelan oil
- US President Trump on Truth says "Consumer Confidence is up 7.5%, an extremely big rise"
- Russian Foreign Minister Lavrov says the Ukraine conflict is likely to continue and will likely escalate. Leaders of Finland and Norway raised no new proposals.
- US President Trump posts "Congratulations to Lorne Doerkson on his Big Victory. Conservatives are moving strong in Canada!"
- US Midterms (7 days out): Democrats’ early-vote lead narrows in 8 states; Texas and Nebraska flip to Republicans, South Carolina now tied
Related headlines
- Israeli PM Netanyahu requests extension of voting in the legislative elections until after 10pm34 min ago
- Russian Deputy PM Novak says domestic refineries are bringing units back online very quickly following maintenance. Russia and the US could begin cooperating on Arctic LNG projects1 hour ago
- Russian President Putin says Russia should avoid going too far with the green agenda and must consider ending the ongoing conflict and lifting sanctions4 hours ago
- US EQUITY OPEN: Indices in the green as Tech sector outperforms as earnings continue2 hours ago
- Constellation Energy (CEG) has been offered USD 5bln in financing by the US government for nuclear reactors44 min ago
- Freeport-McMoRan Inc. (FCX) Q3 2026 (USD): Adj. EPS 0.88 (exp. 0.82), Revenue 7.546bln (exp. 7.36bln).4 hours ago
- Atlanta Fed GDPnow Model (Q3): 3.5% (prev. 3.4%)29 min ago
- Meta's (META) USD 25bln stock offering ended five-times oversubscribed, Bloomberg reports1 hour ago
- US FTC has reportedly told Cintas (CTAS) and UniFirst (UNF) that they will block the USD 5bln merger, Semafor reports2 hours ago
- AMD (AMD) and Meta (META) collaborate across CPUs, GPUs, networking, systems and software to power Meta services and AI infrastructure; AMD will invest USD 1bln in Meta's equity offering2 hours ago
- Apple (AAPL) introduces new 14-inch Macbook Pro with M6 chip, starts at USD 1,999; also introduces iMac with M6 chip delivering a major boost in performance and AI capabilities3 hours ago
- PACCAR Inc (PCAR) Q3 2026 (USD): EPS 1.61 (exp. 1.61), Revenue 7.94bln (exp. 7.54bln)4 hours ago
- Violating oil tanker catches fire after hitting a mine in the eastern Strait of Hormuz, reports Irib3 hours ago
- Newsquawk Daily US Equity Opening News - NVDA plans USD 3bln META investment; SOFI earnings impress3 hours ago
- US Dallas Fed Services Revenues Index (Oct) 4.4 (Prev. -0.9)1 hour ago