70GEOPOLITICS
⚡ Markets: Reinforces the administration's hawkish stance on Iran, reducing the probability of de-escalation ahead of US midterm elections. This maintains upward pressure on the geopolitical risk premium for oil.BrentWTI
During a ceremony at the Pentagon marking the 25th anniversary of the September 11th attacks, US President Donald Trump and Defense Secretary Pete Hegseth linked the current conflict with Iran to the post-9/11 'War on Terror'. Trump stated, "That’s why we fight today," and vowed Iran would never obtain a nuclear weapon.
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