Trump Warns Iran Against Targeting its Interests in the Middle East - Forex News by FX Leaders

Trump Warns Iran Against Targeting its Interests in the Middle East

Posted Tuesday, May 21, 2019 by
Arslan Butt • 1 min read

Tensions are definitely building up in US-Iran tensions, with Trump stating on Monday that Iran would be met with “great force” if it targets American concerns in the Middle East region. Trump also remarked, “I think Iran would be making a very big mistake if they did anything”.

The US government suspects Shi’ite militants were behind the recent rocket attack on Baghdad’s Green Zone – a highly secure area where government buildings and embassies are based. Fortunately, the rocket attack caused no casualties.

US government sources, along with their European counterparts, suspect that Shi’ite militias located in Yemen or Iraq were responsible for the armed drone attacks on Saudi oil pumping stations as well as the possible sabotage of shipping vessels off the coast of UAE.

The incidents come in the wake of Trump’s decision to end sanction waivers and prevent Iran from exporting crude oil. The US has also unilaterally withdrawn from a 2015 nuclear deal signed among Iran and other world leaders.

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About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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