Global markets are bracing for a potential storm as the deadline for US President Donald Trump's ultimatum to Iran approaches. With just days left before the May 12th expiration of the US-Iran nuclear deal, investors are on high alert, fearing a catastrophic collapse in international relations and a subsequent surge in oil prices. The fate of the Joint Comprehensive Plan of Action (JCPOA), signed in 2015, hangs in the balance as Trump weighs his options, with many speculating that he will pull out of the agreement. The consequences of such a move could have far-reaching implications for the global economy, sending shockwaves through the financial markets and potentially leading to a new era of tensions in the Middle East.
Markets on Edge as Trump’s Iran Ultimatum Looms The New York Times
