Trump Threatens Iran Again
Trump Threatens Iran Again. $500 Billion Wiped Off U.S. Stock Market
Donald Trump has warned that further military strikes against Iran remain a possibility, declaring that the ceasefire between the United States and Iran is no longer in effect. Financial markets reacted immediately, with more than $500 billion wiped off the U.S. stock market, oil prices surging, and cryptocurrencies extending their losses.
Speaking to reporters, the U.S. president said he no longer considered the ceasefire to be valid. During the NATO summit, Trump also stated that the United States would "probably" launch another strike on Iran later that night. His comments came despite earlier reports suggesting progress in indirect negotiations between Washington and Tehran in Doha, mediated by Qatar and Pakistan. The latest remarks, however, cast fresh doubt on hopes for a diplomatic breakthrough.
Wall Street saw a broad sell-off following Trump's statements. The S&P 500 fell around 1%, while the Nasdaq 100 dropped 1.5% and the Dow Jones Industrial Average lost 1.3%. Oil prices climbed roughly 5%, approaching $75 per barrel. Meanwhile, gold moved against expectations, falling about 2.5% from approximately $4,100 to $4,030 instead of benefiting from increased market uncertainty.
The cryptocurrency market also came under heavy pressure. According to CoinGlass, more than 125,000 traders were liquidated over the past 24 hours, with total liquidations exceeding $385 million.
This is far from the first time Trump's remarks have triggered sharp market swings. For months, the U.S. president has sent mixed signals on foreign policy, tariffs, and international conflicts, often changing his position within days. These abrupt shifts have repeatedly fueled volatility across stocks, commodities, and cryptocurrencies, creating billions of dollars in gains for some investors while inflicting equally significant losses on others.