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Dollar-won one-month NDF rises 2.75 won to 1,474.00 won in New York trading as Trump's hawkish remarks on Iran and Project Freedom resumption, coupled with rebounding oil prices, strengthen the dollar despite U.S. equity markets hitting record highs on diplomatic resolution expectations.
Iran War Myths Crushed: Joy-Ann Reid Calls Out GOP Talking Points and U.S. Arrogance
Joy-Ann Reid dismantles GOP Iran war talking points, exposing U.S. intervention, oil politics, and nuclear myths with facts and history.
#CIACoupIran #geopolitics #IranWar #JCPOA #JoyAnnReid #MiddleEast #Mossadegh #NuclearDeal #ObamaForeignPolicy #oilPolitics #politicalAnalysis #ProgressivePolitics #TrumpIranPolicy #USForeignPolicy #WarPropaganda https://wp.me/p1OjMZ-oSdThe Touska Gambit: Piracy, Power, and the Theatre of Broken Promises
The USS Spruance blew a hole in the engine room of the Touska and Marines rappelled onto the deck. Trump crowed on Truth Social. Iran called it piracy and cancelled the peace talks. Urban Wronski on why the seizure of an Iranian cargo ship was never about a ship — and what is actually being prepared while the cameras watch the theatre.
Wall Street's three major indexes tumbled as Trump intensified Iran pressure while considering oil control and Google unveiled memory-reducing AI technology, triggering broad semiconductor selloff with Philadelphia index down 4.79% and mega-cap tech stocks declining sharply.

South Korean treasury futures surged in overnight trading, with 3-year contracts jumping 35 ticks to 103.61 and trading volume spiking to 3,061 contracts from 450, as President Trump postponed military strikes on Iranian power plants for five days, triggering a sharp rally in global bond markets.

Gold futures plunged over 3% before paring losses as President Trump suspended Iran energy facility attacks, with April delivery contracts settling at $4,409.70 per troy ounce amid easing U.S.-Iran military tensions and falling oil prices, Treasury yields, and dollar.

U.S. stocks tumbled as Trump weighs Iran ground troop deployment and Kharg Island blockade, with Dow falling 0.96%, S&P 500 down 1.51%, and Nasdaq plunging 2.01% amid escalating Middle East tensions and risk-off sentiment spreading across markets.