Iran Conflict

US President Donald Trump has publicly stated that the ongoing conflict with Iran will not be resolved until after the November midterm elections. The comments have triggered sharp criticism from political opponents, military analysts and diplomatic observers, who argue that the remarks suggest the continuation of the conflict is being driven by electoral considerations rather than pure strategic logic. The statement adds a new political dimension to an already volatile geopolitical situation and raises questions about the long-term direction of US foreign policy in the Middle East.

JPMorgan: Bitcoin Gaining Over Gold as Debasement Trade After Iran Conflict JPMorgan analysts report that investors are increasingly choosing bitcoin over gold as a hedge against currency debasement since the Iran conflict began. According to The Block, JPMorgan’s research note indicates that amid escalating geopolitical uncertainty and expanding fiscal deficits, bitcoin’s “digital gold” narrative is being backed by substantial capital inflows. ETF inflows have reached a streak of $1.69 billion, with bitcoin price approaching the key $85,000 resistance level. ...

US gasoline prices rose more than 30 cents per gallon in the past week, with the Strait of Hormuz closure and Iran conflict pushing energy costs higher