President Trump announced a major military investment including the acquisition of 21 new F-15EX Eagle II fighters for Selfridge Air National Guard Base in Michigan. This announcement aligns with broader efforts to modernize the United States Air Force and sustain its fighter mission. It comes with a reaffirmation of the U.S. commitment to preventing Iran from developing nuclear weapons, a stance that hardens tensions between the two nations. Markets interpret this development as a hardening of the U.S. position, which reduces the likelihood of reaching a nuclear agreement with Tehran. The probability currently priced by markets for a final deal before August 13, 2026 stands at 1.8%.
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