US President Trump supports Kurds launching an offensive into Iran, and 'I think it's wonderful if they want to do that'
- Going to have a role in choosing Iran's next leader, much like Venezuela.
- It is very early in the process of picking a new leader and Khamenei's son is unlikely.
- Gasoline prices have not risen much at this point.
- Strait of Hormuz will be kept open.
- Iran operation is moving along ahead of schedule, and won't give timeline.
Context
President Trump's comments supporting Kurdish offensives into Iran could escalate tensions in the Middle East, raising concerns over geopolitical stability and oil supply routes, particularly through the Strait of Hormuz. The market reaction may be cautious, especially in energy prices, as traders will be watching for potential impacts on U.S.-Iran relations and regional dynamics.
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