Trump Responds to Iran Attack: Will Hit Back Hard, It's America's Turn to Strike
Trump stated to Fox News that he will implement a strong response against Iran in retaliation for the attack on U.S. troops in Jordan. All Iranian missile attacks were intercepted, and U.S. military remains on high alert. Trump claimed Iran will "suffer a heavy blow," indicating U.S. military retaliation intentions.
Funds are flowing from risk assets to safe-haven assets, leading to a short-term rise in oil and gold prices, with a repricing of Middle Eastern geopolitical risk premiums. The military and energy sectors benefit, while tech and consumer stocks are under pressure.
In July 2026, the U.S.-Iran conflict escalated, with the Trump administration restarting sanctions against Iran in 2025, and Iranian oil exports dropping to 500,000 barrels per day in Q1 2026 (down from 1.5 million barrels per day in 2024).
Source: Public Information