President Trump sought options for attacking Iran to stop its growing nuclear program, as written in an article by the New York Times.
''The president was dissuaded from moving ahead with a strike by advisers who warned that it could escalate into a broader conflict in his last weeks in office.
Vice President Mike Pence and Secretary of State Mike Pompeo warned President Trump against a strike on Iran and described the potential risks of military escalation,'' the article reported.
In the end, Trump will hand President-elect Joe Biden a region that is more stable than it was four years ago and Tehran likely presumes that the departure of its archenemy, Donald Trump, could give the nation more diplomatic scope for its regional ambitions.
The incoming US president-elect has stated repeatedly that he is prepared to take a flexible stance on Iran.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.