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Financial markets experienced unusual activity minutes before Trump announced a five-day halt on US strikes targeting Iranian power plants, with massive trades on equity and oil contracts. These moves earned around $50 million and raised suspicions of insider information. US regulators are investigating the incidents.
Several European countries, including France, have begun talks with Iran to secure safe passage for their commercial vessels through the strategic Strait of Hormuz following disruptions caused by Iranian retaliation to US attacks, amid concerns over energy market impacts and the regional conflict.
The Spanish government decided to withdraw its ambassador to Israel amid international tensions, affirming its opposition to the US-Israeli assault on Iran despite Trump’s trade threats. Spain also condemned Israel’s actions in Gaza and denied US military use of its bases for strikes on Iran.
US President Donald Trump sharply criticized Spain for rejecting participation in the war on Iran and denying US access to its military bases, threatening to halt all economic dealings amid NATO pressures to increase defense spending.
