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Trump & Ali Khamenei |
President Trump set a two-week deadline for US attack on Iran, heightening regional tensions. He said negotiations could still change his decision. However, the warning underscored a credible threat of US military action.
Oil Market and Geopolitical Impact
Oil futures fell as markets reacted to the US attack on Iran deadline. August Brent dropped 2.7% to $76.72/bl in Asian trading. Meanwhile, traders prepared for volatility amid holiday closures. As a result, energy and shipping sectors braced for price swings.
Translating rhetoric into action remains uncertain. Trump has issued similar two-week ultimatums before without follow-through. Therefore, supply chain managers should track both political signals and market data closely.
The Metalnomist Commentary
Trump’s ultimatum illustrates how geopolitical brinkmanship can swiftly ripple through commodity markets. Stakeholders in metals and energy sectors must remain vigilant as policy decisions unfold.
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