US President Trump considers limited strikes on Iran after talks collapse - WSJ

Dhwani Mehta FXStreet

Citing officials and people familiar with the situation, the Wall Street Journal (WSJ) reported on Monday that White House advisers are considering resuming limited military strikes in Iran along with the US blockade of the Strait of Hormuz as a way to break a deadlock in peace talks.

Additional takeaways

Trump could also resume a full-fledged bombing campaign, though officials said that was less likely given the prospect of further destabilizing the region and the president’s aversion to prolonged military conflicts.

He could also seek a more temporary blockade while he pressures allies to take responsibility for a prolonged military escort mission through the strait in the future.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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