Trump says he doesn't want Iran deal as U.S. reportedly prepares for 'massive bombing'

The potential for large-scale US military operations in Iran could have significant implications for global trade, particularly in the energy sector. A conflict with Iran would likely disrupt oil supplies from the region, leading to increased volatility in crude prices and potentially impacting trade flows. This could have a ripple effect on the global economy, affecting industries that rely heavily on oil imports, such as manufacturing and transportation.

The impact of a conflict on trade would also depend on the response of other countries, including major oil producers and consumers. If the conflict were to escalate, it could lead to a wider regional crisis, potentially drawing in other countries and affecting trade routes and supply chains. The US's major trade partners, including China and the EU, would likely be affected by any disruption to global oil supplies, and their responses to the situation could be crucial in determining the overall impact on trade.

As the situation develops, traders and investors will be watching closely for any signs of escalation or de-escalation. Key indicators to watch will include oil prices, which could spike if a conflict appears imminent, as well as statements from major oil producers and consumers. The US's trade relationships with other countries, particularly those in the region, will also be closely monitored, as any disruption to trade flows could have significant economic implications. The potential for a conflict to impact global trade makes it essential to follow developments in the region closely.

Originally reported by cnbc.com. Trade-News adds analysis for finance & markets readers.