Australian Gov Officials Reportedly Believe Trump is Prepared to Strike Iran

Australian Gov Officials Reportedly Believe Trump is Prepared to Strike Iran

Earlier in Monday's session, the market had risen after President Donald Trump warned of dire consequences for Iran if it threatened the United States.

Major-General Qassem Suleimani - commander of the special forces of the Iranian Revolutionary Guard - warned the U.S. not to start a conflict, replying to comments made by Trump earlier this week in which he threatened Iran.

"We're close to you, we're in places you cannot even imagine", Solemani warned in an interview with state-owned Iranian Al-Alam news agency. Come. You will start the war, but it is us who will end it, " Soleimani said in a speech in the central city of Hamedan.

Earlier this week, Iranian President Hassan Rouhani warned his U.S. counterpart not to escalate tensions with Iran, saying a confrontation with the Islamic Republic would be the "mother of all wars".

Mr Trump told the Iranian president to "never, ever threaten the United States again", warning of unprecedented "consequences".

"As the dominant power in the Persian Gulf and the Strait of Hormuz, (Iran) has been the guarantor of the security of shipping and the global economy in this vital waterway and has the strength to take action against any scheme in this region", Bagheri said.

"We are near you, where you can't even imagine".

ABC reported that the Australian government is divided over whether they think Trump is ready to act or whether his Twitter threats to Iran were bluster.

Global reinsurers refuse cover to assets handling Iranian crude for fear of being locked out of the United States financial system under the sanctions. Come; we are ready. The Trump administration and its ally Saudi Arabia have accused Iran of providing weapons, including ballistic missiles, and other support to the Houthis, a rebel group that seized control of Yemen's capital four years ago.

Oil prices gained on Wednesday after data from the American Petroleum Institute (API) reported US crude inventories fell more than expected last week. "Therefore you have to be careful about insulting the Iranian people and the president of our Republic". "At the end, the victory belonged to the Iranian nation", said Soleimani.

"Peace with Iran would be the mother of all peace and war with Iran would be the mother of all wars", Rouhani said.

The Iranian leadership was responding to the threat of US sanctions after Trump in May pulled out of a multinational agreement to trade with Tehran in return for its commitment not to develop nuclear weapons.

Just 7 percent of Americans consider Iran to be friendly or an ally to the United States, with a third describing it as unfriendly; 38 percent believe Iran is an enemy of the U.S.

Suleimani's warning to the USA about the Red Sea comes on the same day Saudi Arabia, Iran's regional rival, suspended oil exports through the strategic shipping lane of Bab al-Mandeb due to missile attacks on two oil tankers by Iranian-backed Houthi rebels off the Yemen coast.