Global Markets React Sharply to Trump’s Iran War Address
Gold and equities fall while oil prices surge amid rising geopolitical tensions
Global financial markets turned volatile after Donald Trump addressed the nation on the ongoing conflict with Iran, outlining an aggressive stance and warning of further escalation.
Gold prices fell below $4,700 per ounce, while silver dropped under $73 per ounce, surprising investors as safe-haven assets weakened despite geopolitical uncertainty. Analysts suggest traders may be shifting toward energy markets or booking profits.
Meanwhile, S&P 500 futures saw a sharp decline, erasing nearly $550 billion in market value within 25 minutes of the speech. The drop reflects growing investor concerns over a prolonged conflict and its potential impact on global economic stability.
In his address, Trump stated that the war could last two to three more weeks and warned that the US may target Iranian power plants if negotiations fail. He added that key military objectives are “close to completion” and claimed that Iran’s naval and air capabilities have been significantly weakened. The US also signaled it may stop relying on oil transported through the Strait of Hormuz, a critical global energy route.
Oil markets reacted strongly, with US crude prices rising above $103 per barrel, driven by fears of supply disruptions in the region.
Experts warn that continued tensions could fuel inflation, disrupt supply chains, and keep markets on edge in the coming weeks.
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