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Source: Newsmaker.id
U.S. President Donald Trump stated on Friday (Sept. 4) that Washington could strike "Pickaxe Mountain" in Iran in the near future. This statement has reignited tensions between the U.S. and Iran following a recent series of military actions involving both nations. Trump did not provide a specific timeline for a potential strike.
Pickaxe Mountain is located near the Natanz uranium enrichment facility, which previously sustained heavy damage. The site is known as a fortified area featuring two tunnel complexes buried deep underground. Due to the nature of the facility, Pickaxe Mountain remains a key point of focus amidst tensions surrounding Iran's nuclear program.
Trump’s latest threat comes as the U.S.-Iran conflict intensifies again after a period of relative calm. In recent days, Washington has launched strikes against Iranian targets, while Tehran has engaged in retaliatory actions. This situation has once again raised concerns in global markets regarding the risk of broader escalation across the Middle East.
Trump had previously signaled that Pickaxe Mountain could become a target if activities there were deemed a threat to U.S. interests. Washington continues to pressure Iran over its nuclear activities while intensifying economic and military sanctions, yet diplomatic efforts have so far failed to yield a significant breakthrough.
For financial markets, threats against Iran's strategic facilities could drive up geopolitical risk premiums. Oil is the most sensitive asset, as U.S.-Iran tensions have disrupted shipping activities in the Strait of Hormuz. Gold could also see support as a safe-haven asset, while stocks and risk assets might face pressure should the conflict escalate into a wider attack.
Newsmaker Analysis: Trump’s statement has heightened weekend geopolitical risk, as Pickaxe Mountain is not merely an ordinary military target but a site linked to Iran's nuclear infrastructure. If the threat materializes into an actual strike, markets could respond with a surge in oil prices and increased demand for safe-haven assets like gold. However, in the absence of new military action, market reactions will likely continue to be driven by risk premiums and speculation regarding the next moves by both Washington and Tehran. (arl)
Source: Newsmaker.id