Since the conflict between Israel and Iran began, it has resulted in hundreds of deaths on both sides, with the spread of warfare causing a temporary halt in Persian Gulf and Mediterranean shipping routes, causing oil prices to surge instantly and global markets to become tense.
US Military Increases Troop Deployment, Trump Calls for Tehran Evacuation
Just a few hours ago, US Secretary of Defense Hesses stated that he has instructed the Central Command to deploy "additional capabilities" to strengthen regional defense. President Trump this morning, during the G7 Canada Summit, also posted on Truth Social, calling for the approximately 9.5 million Tehran residents to evacuate quickly and repeatedly emphasizing that "Iran cannot possess nuclear weapons".
Iran should have signed the "agreement" I told them to sign long ago. It's shameful and a waste of lives. Simply put: Iran must never possess nuclear weapons, I've said it again and again! Everyone should immediately evacuate Tehran!
Trump emphasized that if Iran attacks US interests, the United States will "respond massively". White House spokesperson Lewitt later confirmed that Trump ended the summit early due to the Middle East situation and returned to Washington on the 16th. These signs seem to indicate that the United States, which did not participate in the first wave of attacks, is preparing to intervene in this war, causing risk markets to collectively decline.
Bitcoin Drops in Response
As soon as Trump's post came out, Bitcoin quickly dropped from near $109,000 to almost $106,000. At the time of writing, it was reported at $107,172, almost entirely erasing last night's gains.
Currently, the future of Middle Eastern oil supply is uncertain. The UN and multiple countries are calling for restraint, but there are no signs of easing. Israeli Prime Minister Netanyahu said that the US and Israel have consistent goals... The subsequent developments will depend on whether Iran is willing to restart negotiations, whether Israel will expand its offensive, and whether Trump will maintain the current "pressure without intervention" balance.
