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Asia-Pacific markets were set to open higher Thursday, shrugging off renewed tensions in the Middle East after President Donald Trump warned Iran would be bombed “at a much higher level” if it failed to agree to a peace deal.
His fresh threats came as reports suggested Washington and Tehran were nearing an agreement to end the war.
The president in a Truth Social post said the U.S. military offensive known as Operation Epic Fury “will be at an end” if Iran “agrees to give what has been agreed to, which is, perhaps, a big assumption.”
If that happened, the U.S. naval blockade of Iranian ports in the Gulf of Oman would “allow the Hormuz Strait to be OPEN TO ALL, including Iran,” Trump wrote.
