President Trump stated on 23 July 2026 that he is close to deciding on a military attack against Iran described as larger than any previous US operation, with military preparations underway but no final authorisation granted. Trump indicated that Israel would join the operation if asked but stressed the US capability to act independently. Negotiations between Washington and Tehran remain stalled, and regional tensions have intensified amid ongoing Strait of Hormuz shipping at
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Trump signals imminent Iran strike; crude rises to $91, NASDAQ falls 364 points
Crude oil rose $2.60 to $86.94 on 22 July 2026 following Trump statements on Iran, before trading near $91 on 23 July; the NASDAQ fell 364 points in premarket trading on 23 July as tensions escalated. Iran rejected a US-backed ceasefire proposal, leaving negotiations stalled ahead of the 26–27 July weekend.
By Valdrans Editorial Team
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