Former U.S. President calls for halt to hostilities amid rising geopolitical tensions impacting global markets.
Former U.S. President Donald Trump called for Israel and Iran to immediately cease military actions, posting on Truth Social. The statement comes as escalating tensions between the two nations weigh on investor sentiment and risk assets globally.
Recent clashes have driven volatility in oil prices and safe-haven assets, with markets monitoring developments closely. Prior geopolitical flare-ups in the region have historically triggered sell-offs in equities and spikes in commodity prices.
No immediate market reaction was detailed, but traders remain cautious amid broader macroeconomic uncertainties and Fed policy concerns.