Trump Affirms US Not Finished with Iran
United States President Donald Trump asserted that Washington is not finished with Iran. This statement was made at a press conference at the White House on Tuesday, amid the escalating conflict between the two countries.
Trump said the US could still expand its military operations against Iran. One option mentioned was an attack on the underground site of Pickaxe Mountain, which is considered a key part of Iran's military strategy.
This statement indicates that the potential for escalation remains wide open. Trump also rejected the possibility of negotiations in the near future, despite previous signals from mediators to defuse the conflict.
Furthermore, Trump emphasized that the blockade on Iran will remain in place. This stance reinforces Washington's tough stance, especially after recent attacks that have escalated tensions in the Gulf region and the Strait of Hormuz.
As for the market, Trump's statement has the potential to raise the geopolitical risk premium again. Oil prices could be pushed up if the market perceives increasing supply risks from the Middle East, the US dollar could strengthen as a safe haven asset, while gold could gain support from the uncertainty of war.
Source: Newsmaker.id
