Trump Warns of 'Very Hard' Hits on Iran as Military Escalation Enters Eighth Day
Key Facts
U.S. President Donald Trump has announced that Iran will face "very hard" military strikes as the joint U.S.-Israeli aerial campaign intensifies. The conflict has entered its eighth consecutive day, with bombardment targeting Tehran and several other major Iranian cities. This direct military confrontation has significantly heightened fears of a full-scale regional war, threatening global energy security and supply chains. Financial markets are bracing for a sharp spike in Brent Crude and WTI prices due to potential disruptions in the Middle East. Investors are increasingly pivoting toward safe-haven assets such as Gold (XAU/USD), while global equity markets like the SPY face substantial downward pressure. The escalation marks a critical turning point in geopolitical tensions with profound implications for global economic stability.