Trump Says No Regrets on Iran War as US Tightens Economic Screws
Trump told Fox News he'd make the same call on Iran regardless of political fallout, as Washington escalates economic pressure on Tehran.
Trump isn't second-guessing himself. Speaking directly to Fox News host Laura Ingraham, the president made clear he has zero regrets about launching military action against Iran — and said he would have pulled the trigger even knowing the political cost heading into the midterms.
That's a bold stance. Midterm elections are the kind of political pressure that makes most presidents flinch. Trump is signaling he isn't most presidents. Whether you agree with the call or not, markets hate geopolitical uncertainty, and a president doubling down on a war footing is exactly the kind of headline that moves oil, defense stocks, and safe-haven assets.
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At the same time, the US is layering on economic pressure. Sanctions and financial squeezes have historically been Washington's tool of choice to weaken adversaries without boots on the ground — but in this case, they're running parallel to active military engagement, not replacing it. That dual-track approach raises the stakes considerably for global energy markets and regional stability.
For traders, the read here is straightforward: this conflict isn't getting wrapped up fast. A president with no regrets and an escalating economic pressure campaign is not a de-escalation story. Watch crude, watch defense names, and watch the dollar. The administration's posture suggests prolonged engagement, which reprices risk across multiple asset classes.
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