Trump: US Ready for Another Strike on Iran

This escalatory rhetoric, even without a concrete timeline, reintroduces geopolitical risk into markets that had been pricing a de-escalation window. Energy supply routes through the Strait of Hormuz and broader Middle East stability are the immediate fault lines to watch. The absence of operational specifics means the market's reaction hinges on whether this is posturing or a precursor to further action. Any subsequent confirmation of strikes or heightened naval activity would likely be the next catalyst for volatility in crude and risk assets.