The fact that Trump keeps alluding to the power plants (he mentioned hitting them simultaneously yesterday and now again today) means they already have a plan in place for escalation.
I dont believe markets have adequately priced in this risk.

Our Military, the greatest and most powerful (by far!) anywhere in the World, hasn't even started destroying what's left in Iran. Bridges next, then Electric Power Plants! New Regime leadership knows what has to be done, and has to be done, FAST! President DONALD J.TRUMP

Unofficial Trump on X

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The...