Trump states that the U.S. military currently has no plans to deploy ground troops and is focusing on airstrikes. As of March 7, the U.S.-led coalition has destroyed over 3,000 Iranian military targets, and market risk aversion continues to rise.
(Background summary: Trump states: Iran will only cease fighting if they unconditionally surrender! Middle East conflict escalates, oil and the dollar soar, Bitcoin drops to $68,000)
(Additional background: U.S. submarine “for the first time since WWII” torpedoes and sinks an Iranian warship, claims to control airspace within a week! Germany and Spain refuse to participate in the war, UK supports)
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The Middle East conflict continues to escalate, with global investors closely watching the Persian Gulf. Earlier, President Trump stated in an interview that U.S. forces will maintain precise airstrikes for now and have no intention of deploying ground troops into Iran.
According to reports, Trump clearly told reporters on his way to Miami that there are currently “no plans” to deploy ground troops. He emphasized that, to use ground forces, there must be a very strong reason. Additionally, Trump also rejected Kurdish armed forces’ involvement to avoid further complicating the situation.
This statement temporarily eased concerns about escalation, but with over 3,000 strategic targets destroyed, the operation codenamed “Epic Firestorm” is clearly not over.
Since the launch of operations “Epic Firestorm” and “Roaring Lion” on February 28, the U.S.-led coalition has used B-2 stealth bombers and bunker-busting missiles to target Iranian nuclear facilities, missile factories, and the IRGC headquarters.
As of March 7, key data include:
According to the U.S. Department of Defense, the White House believes the operation is ahead of schedule, but Iran has vowed retaliation, and the Hormuz Strait blockade threat remains.
For investors, risk aversion remains high. Analysts suggest oil prices could surge to $150 per barrel. At the time of writing, Bitcoin is around $67,300. There is no clear inflow of safe-haven funds yet, and in the short term, the price may dip again due to escalating conflict.
In the coming weeks, markets are expected to oscillate between “quick resolution” and “geopolitical retaliation causing inflation.”