- President Trump abruptly escalated U.S. involvement in the Middle East by ordering air strikes on Iranian nuclear sites, sparking warnings of “everlasting” consequences from Iran, heightened tensions over regime change, and immediate volatility in global oil markets. While U.S. officials downplayed intentions of regime change and direct war, analysts warned that the conflict could have serious and lasting economic impacts, especially for Europe, and urged investors to be wary of overreacting to sensationalist commentary amid ongoing uncertainty.
This weekend, Trump’s two-week window for a decision on Iran turned into two days, as the U.S. entered the conflict in the Middle East by bombing Iranian nuclear sites.
