Trump Says US Was Close to Iran Deal, Hints at Possible New Attack

Former US President Donald Trump stated that the United States was close to reaching a deal with Iran but accused Tehran of treating the US 'like fools.' He also suggested the possibility of a new attack, saying 'I could, we have the right.' This follows reports of missiles launched at Kuwait and Jordan after the US military struck military targets in southern Iran. Iran's Islamic Revolutionary Guard Corps (IRGC) claimed to have destroyed an F-35 hangar in response. The statements escalate tensions in the Middle East, where the US has been conducting operations against Iranian-backed forces. The incident underscores ongoing volatility in the region, with potential implications for energy markets and geopolitical stability.

Global Impact

Geopolitically, this increases the likelihood of a broader US-Iran confrontation, potentially drawing in regional proxies and disrupting Strait of Hormuz shipping. Economically, oil prices could see sustained upward pressure, impacting inflation expectations and central bank policy globally.