Trump's refusal to negotiate and demand for Iran's "unconditional surrender" escalate the Middle East conflict and impact global markets.

According to Mars Finance, on March 6th, US President Trump stated that the US would not end the war with Iran through negotiations and demanded Iran's "unconditional surrender." Trump stated on social media that no agreement would be reached unless Iran surrendered, and that the US and its allies would choose a new Iranian leader. The report states that with the US and Israel continuing airstrikes against Iran, the White House's statement is seen as a possible preparation for a prolonged conflict. Iran, however, denied reports of contacting the US through intelligence channels to seek a ceasefire and stated that it would continue to resist the US military presence in the Middle East. The escalation of the conflict has already impacted global markets. Brent crude oil prices rose to a near two-year high due to energy supply concerns, market anxieties about rising inflation intensified, global bonds experienced a sell-off, and the US dollar recorded its largest weekly gain since 2024.