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US considers large-scale military strikes on Iran amid rising oil prices and political tensions.

Market News
07 Oct 2026
CNBC
View Source
Bearish
US considers large-scale military strikes on Iran amid rising oil prices and political tensions.

The US President and his national security team are discussing the possibility of resuming large-scale military operations against Iran, potentially before the upcoming midterm elections. President Trump expressed disinterest in a new deal with Iran, despite ongoing negotiations by a US envoy. Elevated crude oil prices persist even as Middle East oil exports approach pre-war levels, influenced by the geopolitical tensions. This potential military action could impact the US political landscape and global energy markets in the near term.

The news about President Trump's stance on Iran and potential US military actions comes as a backdrop to market activity. For readers following US stocks, here is Pluang's market snapshot as of Oct 08, 2026 10:02 WIB: out of 150 priced US stocks, 50 rose and 98 fell today. Notable movers include GFI (Gold Fields Limited) at USD 34.88 with a 1-day change of -3.57% and Pluang order activity showing 20% Sell / 80% Buy, VALE (Vale SA) at USD 13.61 down 3.34% with 83% Sell / 17% Buy, and DKNG (DraftKings Inc) at USD 19.13 down 3.14% with 0% Sell / 100% Buy. Typical hold times on Pluang range from 49 to 109 days among these stocks.

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