TRUMP SAYS DON'T KNOW WHO TO TALK WITH, A LOT OF IRAN LEADERS GONE; IRAN HAS TO MAKE A DEAL

Former President Donald Trump stated publicly that he does not know whom the United States should negotiate with in Iran, noting that many Iranian leaders have been removed or are gone, and asserted that Iran must make a deal. The headline's core transmission channel is geopolitical risk premia: uncertainty over who holds authority in Tehran and whether diplomatic channels are open raises the probability of escalation or supply disruption in the Gulf, which feeds directly into crude oil pricing, shipping insurance, and safe-haven demand for gold and US Treasuries. Oil futures, particularly Brent, and energy equities are the most directly exposed, as any perceived breakdown in negotiations or threat to Strait of Hormuz transit carries outsized implications for global supply. Traders should watch the next OPEC+ production decision and weekly EIA crude inventory data for signs of whether the geopolitical premium is being priced into physical supply expectations.

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