US Secretary of State signals potential intensification of military action against Iran if negotiations remain deadlocked.
US Secretary of State Marco Rubio indicated military attacks on Iran could escalate further, citing Tehran’s unwillingness to reach a viable agreement. He stated the cost for Iran would rise nightly until concessions are made, while urging Houthi forces to de-escalate tensions linked to Iranian influence.
The remarks follow stalled diplomatic efforts, with no easing of US sanctions on Iran or Hong Kong. A significant number of individuals in Hong Kong remain under sanctions, reinforcing Washington’s hardline stance.
Analysts suggest the escalation could trigger a risk-off shift in global markets, favoring safe-haven assets like gold, government bonds, and currencies such as the JPY and CHF over riskier commodities and equities.