Market Review and Trends
More Bad News!
By 1M65  •  July 8, 2026
Trump’s Double Blow Against Iran: Military & Economic War The Middle East has entered another dangerous phase. In this video, I explain the two major developments that could have significant implications for the global economy and financial markets. First, the United States has resumed military strikes against Iran, targeting air defence systems, missile sites and military infrastructure after accusing Iran of attacking commercial vessels in the Strait of Hormuz. Second, the Trump administration has revoked Iran’s oil sales waiver, cutting off one of the most important economic concessions that had been granted under the recent ceasefire agreement. This move could significantly reduce Iran’s oil export revenue and further increase tensions between Washington and Tehran. With nearly 20% of the world’s oil trade passing through the Strait of Hormuz, any escalation has the potential to push up oil prices, increase inflationary pressures, and affect stock markets worldwide. In this episode, we’ll discuss:
  • Why the US decided to strike Iran again
  • What the suspension of Iran’s oil waiver means
  • Whether the ceasefire has effectively collapsed
  • The impact on global oil prices
  • What investors should watch next
  • Whether this conflict could escalate further
As always, I focus on helping investors understand the bigger picture behind today’s headlines and what it could mean for your portfolio. If you enjoy macroeconomics, geopolitics, investing, CPF, retirement planning and financial freedom, remember to Like, Subscribe and turn on notifications so you won’t miss future updates. #Iran #USIran #MiddleEast #StraitOfHormuz #OilPrices #BrentCrude #WTI #Trump #Geopolitics #StockMarket #Investing #Inflation #Energy #GlobalEconomy #1M65...
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By 1M65
Loo founded the Non-Profit 1M65 Movement and was one of the few non-civil servants to receive the Public Sector Transformation Award in 2018 for his 1M65 efforts. Kate, Loo’s daughter, is a 19-year-old finance guru wannabe. If you’d like to hear more from Loo and Kate on Personal Finance, please join the 1M65 Telegram Discussion Group or watch their entertaining Youtube channel.
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