Taken from CNBC’s Daily Open, our international markets newsletter — Subscribe today

Hello, this is Hui Jie writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open.

U.S. allies seem to be caught between Iranian attacks and criticism from the U.S. president, with investors also focused on events in the AI space and the Fed’s upcoming rate decision.

“If you want to go fast, go alone, if you want to go far, go together.” The first part of that African proverb seems to characterize U.S President Donald Trump’s strategy against Iran — after allies spurned his requests to join the Middle East war.

Trump slammed the NATO alliance over their reluctance to get involved in the conflict, saying they were making a “foolish mistake” and asserting that the U.S. does not need any help with its ongoing military operations.