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Trump Iran War Funding Leaves Market Uncertainty Amid Escalating Conflict

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President Trump stated he has no immediate plans to deploy U.S. ground troops to Iran but left room for potential reversals. He confirmed the Pentagon is seeking $200 billion for prolonged operations against Iran, a figure expected to face Congressional resistance. Trump's comments came as the conflict escalated, with Israel striking Iran's South Pars gas field and Qatar blaming Iran for attacks on its energy hub. Oil prices surged before retreating, highlighting the market's volatility.

Trump acknowledged the war's economic cost, predicting oil prices would rise and the economy might dip slightly, though he insisted hostilities would end soon. The administration signaled a longer fight, revealing plans to potentially seize Kharg Island for oil exports or target Iran's nuclear site at Isfahan, both likely requiring ground troops. The $200 billion request underscores the conflict's scale, far exceeding initial costs and raising questions about funding and strategy.