Trump's speech ended, Brent crude rose 4%, gold fell over 1%, and global stock markets declined.

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South Korea’s Seoul Composite Index extended its intraday decline to 2.1%. S&P 500 index futures are down 0.6%. Trump said that in the next two to three weeks, the U.S. will carry out extremely severe strikes on Iran. Trump said that if no agreement is reached, the U.S. will strike Iran’s power plants; we haven’t attacked their oil yet, even though that would be the easiest target.

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