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Trump says US will go into Iran and excavate uranium

Geopolitics & WarInfrastructure & DefenseCommodities & Raw Materials

Trump said in a speech in Arizona that the U.S. will go into Iran and excavate uranium, and suggested Iran has agreed to hand over its enriched uranium. The report says neither Iran nor intermediary countries have confirmed any such agreement, leaving the claim unverified. The remarks add geopolitical uncertainty around Iran's nuclear program and could keep oil and defense-related risk premiums elevated.

Analysis

Trump said in a speech in Arizona that the U.S. will go into Iran and excavate uranium, and suggested Iran has agreed to hand over its enriched uranium. The report says neither Iran nor intermediary countries have confirmed any such agreement, leaving the claim unverified. The remarks add geopolitical uncertainty around Iran's nuclear program and could keep oil and defense-related risk premiums elevated.

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