US President Trump says would not have approved enriched Uranium for Iran; needs guarantees Iran will not have a nuclear weapon ever
- Hormuz blockade is 100% effective.
Context
Trump's comments underscore heightened geopolitical tensions regarding Iran's nuclear capabilities, directly impacting market sentiment in commodities, especially oil, and safe-haven assets like gold. The mention of a blockade effectively suggests that any escalation in conflict could significantly disrupt oil supplies, affecting pricing in both the energy markets and currencies tied to these geopolitical risks. Investors should watch for volatility in related asset classes as these developments unfold.
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