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Market & Economic Intelligence Platform Insight on Macro, Commodities, Equities & Policy

29 July 2026 00:09  |

Trump Ultimatum to Iran: Peace or Attack

US President Donald Trump has again threatened to attack Iran if talks between the two countries fail to produce a deal. One of the targets mentioned is Pickaxe Mountain, an underground facility suspected of being linked to Iran's nuclear program.

Trump also raised the possibility of attacks on bridges and power plants. However, he said he would prefer to avoid such attacks and emphasized that talks with Iran were still progressing well.

These tensions were the focus of Trump's meeting with Israeli Prime Minister Benjamin Netanyahu at the White House on Tuesday, July 28, 2026. Iran was the main agenda amid differing views between the two leaders on the direction of the war and strategy to confront Tehran.

Netanyahu is expected to raise Israeli concerns about Iran's activities at Pickaxe Mountain. However, Trump emphasized that the US has been monitoring the facility and does not need Israeli pressure to determine its next steps.

Meanwhile, Iran and Oman continue to seek to reopen shipping through the Strait of Hormuz. The risk of conflict has not completely disappeared, as Houthi attacks on Saudi facilities and energy routes continue to threaten oil supplies from the region.

Hopes of a deal have depressed oil prices and eased inflation concerns. However, if negotiations fail and the US attacks Iran again, oil and gold could potentially surge, while the stock market could be under pressure again. (arl)

Source: Newsmaker.id

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