Trump praises Iran’s strikes on GCC states, complicates diplomacy

In a recent interview with Fox News, U.S. President Donald Trump expressed approval of Iran’s strikes on Gulf Cooperation Council (GCC) states, including Saudi Arabia, Qatar, and the UAE. Trump described the actions as “a very good thing,” suggesting that Iran’s aggression resulted in a loss of regional support. This statement comes amidst ongoing tensions in the Middle East, where Iran’s military actions have intensified following the recent U.S.-Israeli conflict. Trump’s comments may further complicate diplomatic efforts, as the region remains embroiled in a complex and active conflict. Key Takeaways Trump’s remarks appear to suggest a reduced likelihood of a US-Iran deal in 2026, as they indicate diminishing regional support for Iran. Pricing suggests a decrease in the probability of Iran Reconstruction Funding being part of a 2026 US-Iran deal, with current odds at 10.5% YES. The probability of a US-Iran diplomatic meeting by September 30, 2026, has also decreased, reflecting potential challenges in diplomatic engagements. What to Watch Observers should monitor any further statements from President Trump or U.S. officials that might influence the regional dynamics or diplomatic...