Markets Brace for All-Out US-Iran War Amid Rising Death Toll, Suez Canal Threat

Summary

Markets are bracing for a potential escalation in the US-Iran conflict following the deaths of American service members in an Iranian attack, causing oil prices to climb. Retired Adm. James Stavridis outlined three difficult options for President Trump, including walking away, a large-scale military response, or the current 'escalate to de-escalate' strategy, while also warning of potential threats to the Suez Canal.