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High Impact

Trump Delays Iran Strike Amid Hajj Crisis Warnings from Gulf Leaders

📅
🏷Markets
📰via Briefing
✍️Edited by Luís Barata

Former President Trump has postponed a planned military strike on Iran following warnings from Gulf leaders about a potential crisis during the Hajj pilgrimage. This decision reflects a shift in risk appetite, as geopolitical tensions in the Middle East can significantly impact oil prices and regional stability. The most exposed assets include oil futures and Middle Eastern equities, as heightened conflict could disrupt supply chains and elevate prices. Traders will be particularly attentive to upcoming statements from Gulf leaders and any developments regarding U.S.-Iran relations that could signal a change in the geopolitical landscape.

Source: Originally reported by Briefing at May 20, 2026. Summary and market context by Trading News Terminal editorial.

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