US President Trump signals imminent military escalation against Iran while acknowledging ongoing negotiations over a potential deal.
US President Donald Trump announced plans for additional military strikes against Iran later Thursday, describing them as “bigger, more powerful” than previous actions. The remarks came during an interview where Trump confirmed ongoing negotiations with Iran but expressed skepticism about the country’s willingness to reach an agreement.
Trump indicated a preference for targeting strategic assets like Kharg Island but noted potential public resistance to such actions. He also ruled out strikes on civilian infrastructure, citing humanitarian concerns. The US Dollar showed strength against major currencies, particularly the Canadian Dollar, amid the geopolitical tensions.
No immediate market reaction was specified, but the escalation adds uncertainty to global risk assets and energy markets.