Trump: US may soon strike Iran’s Fordow nuclear facility

This escalatory rhetoric directly targets a sensitive nuclear site, signaling a potential shift from proxy tensions to direct military action. For markets, the immediate concern is geopolitical risk repricing—energy supply routes through the Strait of Hormuz and broader Middle East stability are the likely flashpoints. The downplaying of the conflict's scale may aim to manage market expectations, but it clashes with the severity of striking Fordow. What matters next is whether this remains rhetoric or translates into concrete military orders, and how allies and Iran's response shape the trajectory. Any actual strike would likely trigger a defensive spike in oil prices and safe-haven flows.