Trump Does Not Want All Out War in Iran, Cook Says

CFR Middle East fellow Steven Cook said it remains unclear how President Trump will “finish the job” in Iran, but suggested the administration does not want a return to all-out combat. The lack of clarity around escalation keeps geopolitical risk elevated. This uncertainty is likely to pressure risk sentiment and could move related defense/geopolitical-exposed equities modestly.

Analysis

CFR Middle East fellow Steven Cook said it remains unclear how President Trump will “finish the job” in Iran, but suggested the administration does not want a return to all-out combat. The lack of clarity around escalation keeps geopolitical risk elevated. This uncertainty is likely to pressure risk sentiment and could move related defense/geopolitical-exposed equities modestly.