US President Donald Trump says he won’t restart all-out war with Iran unless US troops are killed
US President Trump has told aides that he would consider ending the ceasefire with Iran if Tehran kills US troops, the Wall Street Journal reported on Thursday. Trump insisted that the weekslong pause in airstrikes remains intact despite a steady stream of violent skirmishes.
Trump said in a New York Post interview that the blockade lasting until Labor Day is unlikely but possible, effectively extending the market's timeline for a Hormuz reopening.
Market reaction
At the time of writing, the West Texas Intermediate (WTI) is up 1.70% on the day at $93.25.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CLARITY Act heads for Senate vote as stablecoins become the new bank-deposit battleground
Shiba Inu eyes bullish reversal as network activity surges 122%, targets $0.000014
BUILDon rallies as holders hit record 87,320 – Can B extend its gains?
Goldman Sachs Hedge Fund Chief: "Zero-Day Options" Suppress U.S. Stock Volatility, Technology and Energy Remain the Best Choices
The S&P 500 has experienced intraday fluctuations of less than 1% for 27 consecutive trading days, marking the longest period of low volatility since the pandemic. Goldman Sachs warns that this "calm" is the result of zero-day options strategies forcibly locking in the market, and once a catalyst emerges, the compressed volatility energy will be released all at once. Meanwhile, expectations for a rate hike in September are rising, market sentiment has dropped to its lowest point of the year, and fiscal sustainability risks loom large—is this pot of heating water going to boil for much longer?
Crypto prices
More
