TRUMP DIRECTED CENTCOM TO DRAFT IRAN STRIKE PLAN WITHOUT DEADLINE - KAN

Trump reportedly directed U.S. Central Command to draft a strike plan against Iran with no set deadline, according to a report attributed to Kan. The headline itself does not specify the timing, scope, or whether any decision to execute has been made, so traders are pricing a contingency rather than confirmed military action. The primary transmission channel is geopolitical risk premium: a credible prospect of U.S.-Iran hostilities tends to lift crude oil on fears of supply disruption through the Strait of Hormuz, while pushing safe-haven demand into U.S. Treasuries, gold, and the Japanese yen, and pressuring risk-sensitive equities in the Gulf region and emerging-market importers of energy. The most exposed instruments are Brent and WTI futures, Gulf equity indices, and tanker and defense-sector shares, with the sensitivity of each depending on how much weight the market assigns to a deadline-free plan translating into near-term action. The next concrete catalyst to watch is any official statement from the White House or Pentagon clarifying whether the directive is preparatory or tied to a decision window, alongside weekly EIA crude inventory data, which will

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