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Market Analysis: Bombing Iran will become President Trump's biggest and riskiest foreign policy bet of his career.
Gate News bot message: U.S. President Trump has made an unprecedented decision to bomb Iran's nuclear facilities, directly participating in Israel's airstrikes against its arch-enemy, doing something he has long sworn to avoid: military intervention in a significant overseas war. This dramatic attack by the U.S. targets Iran's most tightly defended underground nuclear facilities and represents Trump's biggest diplomatic gamble during his two terms in office, filled with risks and uncertainties. On Saturday, Trump insisted that Iran must seek peace now, or face further attacks.
Analysts believe he may provoke angry retaliation from Tehran: closing the Strait of Hormuz, the world's most important oil transport corridor, attacking U.S. military bases and allies in the Middle East, increasing missile strikes against Israel, and activating proxy organizations to target U.S. and Israeli interests globally. These actions could escalate into a conflict that is broader and more enduring than what Trump envisioned, reminiscent of the "forever wars" the U.S. fought in Iraq and Afghanistan.
Trump once mocked these wars as "stupid" and vowed that the U.S. would never be dragged into them. Due to the attack on Iran, Trump is facing strong backlash from Democrats in Congress and will also have to contend with criticism from the non-interventionist faction within the Republican Party. He did not encounter any major international crises during his first term, but just six months into his second term, he found himself embroiled in one.