Trump Threatens Iran Strikes If There’s No Deal Soon

Summary

President Trump threatens to resume strikes on Iran if no deal is reached within days, while NATO considers a plan to escort ships through the Strait of Hormuz. The guest analyst warns that the market is underestimating the risk of escalation and that any NATO escort operation would be extremely challenging.

• Trump demands a deal with Iran in a few days or threatens strikes.
• Market appears to be discounting the possibility of renewed military action.
• NATO is discussing a plan to help ships transit the Strait of Hormuz by early July.
• The analyst cautions that the escort operation would be very slow and require massive naval resources.
• Asymmetrical warfare capabilities have changed the military landscape since the 1980s tanker wars.
• Economic pressure on Iran includes targeting its shadow banking and tanker networks.