🚨 BREAKING: The Pentagon has instructed the U.S. military to finalize preparations for potentially resuming major combat operations in Iran, per Axios.
🚨 BREAKING: The Pentagon has instructed the U.S. military to finalize preparations for potentially resuming major combat operations in Iran, per Axios.
Key developments:
U.S. and Israeli sources suggest military operations could begin before the midterm elections.
The White House says Trump has "all options available at any time."
Trump's national security team reportedly discussed potential military operations at Camp David on Friday.
🛢️ Brent crude oil is trading above $101/barrel.
📉 Stock Market Impact:
$SPY / $QQQ: Potential selling pressure from geopolitical uncertainty.
$XOM / $CVX / $XLE: Oil stocks could benefit from rising crude prices.
$LMT / $RTX: Defense stocks could see increased interest.
$GLD: Gold could attract safe-haven buying.
The biggest risk for stocks: Higher oil prices could fuel inflation, delay Fed rate cuts, and put additional pressure on equities.