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Market Chatter: Trump Reviews Additional Military Options Against Iran Amid Stalled Talks

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US President Donald Trump met with his national security team Wednesday afternoon to review possible new military action against Iran as negotiations remained deadlocked, Axios reported, citing two US sources.

One option under discussion involves a large-scale but limited-duration operation designed to pressure Tehran into changing its position in the talks, sources reportedly said.

Diplomatic efforts continued in Tehran on Wednesday, where Qatari officials sought to break the deadlock in negotiations between Iran and the US, the report added.

Earlier in the day, Trump warned Iran of further military action during a White House event for the signing of the Secure America Act, saying the US would "hit them again hard today."

The US targeted Iranian radar and air defense facilities on Tuesday in response to Iran's downing of a US helicopter earlier. However, the strikes were designed to still leave the option for negotiations open.

Washington limited the scope of Tuesday's operation to keep diplomatic channels open, even as the administration grew increasingly impatient over the lack of an Iranian response to its latest proposal, the report added.

Senior US officials, including Vice President JD Vance, Secretary of State Marco Rubio, Central Intelligence Agency Director John Ratcliffe and General Dan Caine, attended the Situation Room meeting, while Defense Secretary Pete Hegseth joined remotely from US Central Command headquarters in Tampa, according to the sources.

The White House did not immediately respond to' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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