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Will the war in Iran restart this weekend?
The risk is clearly back on the table. Reuters reports that the US naval blockade on Iran remains active, while Tehran has warned that any continuation of the blockade amounts to a declaration of war and has threatened a military response if strikes resume.
At the same time, the diplomatic track looks weak. Trump already canceled the planned Islamabad trip by US envoys after saying Iran’s latest offer was not good enough, which is another sign that talks are stalling rather than moving toward a deal.
So the market takeaway is simple: the weekend carries real escalation risk. Whether that turns into a broader operation is still unclear, but the setup for fresh volatility is already there.
#war #US–Iran
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