Donald Trump says US may hit Iran again tonight, doubts deal holds

Donald Trump says the United States could launch new strikes against Iran as early as tonight.
The US President says he is not convinced that any agreement with Tehran would last.
He also raises the possibility of targeting additional Iranian strategic infrastructure.

Ghiles Guezout FXStreet

United States (US) President Donald Trump stepped up his rhetoric against Iran on Wednesday on the sidelines of the North Atlantic Treaty Organisation (NATO) summit, according to comments cited by Reuters. The US President said the United States would strike additional Iranian targets overnight and could act without a deal, adding that he is not convinced any potential agreement with Tehran would prove durable.

Trump also said US forces had destroyed 28 Iranian boats the previous night and could target more in the coming hours. He did not rule out strikes on Iran's electricity infrastructure, water treatment plants or Kharg Island, the country's main Oil export terminal.

Key takeaways

Will probably hit them again tonight.
We may just do it without a deal.
Not sure deal will stick.
knocked out 28 boats last night.
Probably will knock out more boats tonight.
If have to will take out electricity, water plants but don't want to.
We may take over Kharg Island.

Market reaction

After Trump's remarks, the US Dollar (USD) erased its earlier gains, with the US Dollar Index (DXY) returning to around 101.10, while West Texas Intermediate (WTI) US Oil advances 1.76% on the day to around $73.30, supported by a fresh escalation in tensions in the Middle East.

Author

Ghiles Guezout

FXStreet

Ghiles Guezout is a Market Analyst with a strong background in stock market investments, trading, and cryptocurrencies. He combines fundamental and technical analysis skills to identify market opportunities.

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