Trump vows retaliation after Iran’s missile attack on US forces, oil spikes and crypto watches closely

President Trump vows US retaliation against Iran following an attack on a Jordanian base, while warning China about arms supplies. These escalating geopolitical tensions risk destabilizing global oil markets and international trade, potentially causing sustained oil price increases and impacting global inflation. Consequently, the crypto market is being closely monitored as the friction between the US, Iran, and China threatens to destabilize global markets and further strain international relations among these key global powers.