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Trump Warns Iran Against Targeting its Interests in the Middle East

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 The US has also unilaterally withdrawn from a 2015 nuclear deal signed among Iran and other world leaders.

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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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