Pence: US must prepare for ‘inevitable’ military action against Iran

Former U.S. Vice President Mike Pence has stated that the United States must prepare for what he described as “inevitable” military action against Iran. This remark aligns with the current U.S. administration’s hardline stance on Iran, where military options are being actively considered alongside diplomatic efforts. The U.S. military buildup in the Middle East, including the deployment of aircraft carriers and fighter jets, underscores a readiness for sustained military action against Iranian targets. Pence’s comments have sparked discussion on the likelihood of future conflict, influencing market expectations around a potential U.S.-Iran deal in 2026. Key Takeaways Pence’s statement appears to reinforce a U.S. position that is consistent with potential military escalation, impacting perceptions of a diplomatic resolution. Market pricing suggests a decreased likelihood of a U.S.-Iran deal in 2026, with odds for a deal including Iran reconstruction funding dropping recently. The U.S. military’s recent buildup in the Middle East could indicate preparedness for prolonged operations, further affecting market sentiment. What to Watch Monitor developments in U.S. military deployments an...