U.S. military commanders have warned President Donald Trump that Iran is preparing a large-scale attack and that American forces may not be capable of preventing a retaliatory response. This situation arises amid the ongoing 2026 Iran conflict, where the United States and Israel have been conducting military operations against Tehran since February. Iran has already conducted military drills near the Strait of Hormuz, signaling its readiness to respond to any further provocations. Markets are reacting to these developments with decreased confidence about an announcement to end the Iranian blockade before the August 31 deadline, which is approaching.
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