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President Trump said on Thursday that he is considering a significant escalation in military operations against Iran, describing a potential 'massive attack' that would be 'bigger than ever before.' In an interview with Axios, Trump stated he is 'close to making a decision' and that the U.S. is 'all set for it.' He noted that Israel would join the operations 'in two minutes if I ask them to,' but added that the U.S. does not 'need anybody' for a next attack. The comments come after the U.S. military completed its 12th consecutive day of strikes against Tehran, with both sides accusing each other of violating a ceasefire agreement. Secretary of State Marco Rubio reinforced the administration's hardline stance, describing Trump's policy as a 'head for an eye' in response to Iran's 'eye for an eye' defense strategy. Trump also said Iran 'want to negotiate' but 'haven't received enough pain yet.' The escalating rhetoric could heighten geopolitical tensions, potentially impacting global oil prices and risk assets. Markets may react with increased volatility, particularly in energy and safe-haven instruments, as traders assess the likelihood of a broader conflict.
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