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Trump Calls for Immediate Evacuation from Tehran
Market Uncertainty Resurfaces
Reports indicate that U.S. President Donald Trump has urged people in Tehran to evacuate immediately and emphasized that Iran must not possess nuclear weapons. Trump left the G7 summit in Canada early to convene a National Security Council meeting, stating that the U.S. would respond severely if attacked. On the Iranian side, there has been a refusal to engage in ceasefire negotiations amid ongoing attacks from Israel, asserting that further diplomatic discussions will only be considered after responding to Israel.
The conflict has heightened tensions in the Middle East, causing global oil prices to surge by over 2%. Several countries have begun evacuating their citizens from Israel and Iran, with the Chinese Embassy in Israel also calling for the evacuation of its citizens. Currently, the international community is closely monitoring the developments of the conflict between Israel and Iran, urging both sides to exercise restraint to prevent further deterioration of the situation.
Following reports last night of a softened stance from Iran, the market experienced a brief rebound; however, the actual worsening situation has plunged the market back into uncertainty, with U.S. stock futures declining across the board.
Cryptocurrencies, including Bitcoin, have also faced corrections due to the deteriorating situation in the Middle East, with Bitcoin dropping to the level of $106,000 at one point.