US President Donald Trump issued a stern warning on Friday, stating unequivocally that should Iran act on its assassination threats, the United States will launch military retaliation on an unprecedented scale. He revealed that he has already given pre-emptive orders mandating massive bombing campaigns against Iran should anything happen to him. This declaration comes at a critical juncture following the collapse of a brief ceasefire between Washington and Tehran, with military tensions escalating once again. Amid heightened tensions in the Middle East, the US recently conducted a new round of airstrikes on multiple targets inside Iran, while Tehran stands accused of attacking merchant vessels near the Strait of Hormuz. Concurrently, intelligence suggesting Iran may be plotting an assassination attempt against the US President has further intensified concerns over a potential loss of control in the conflict.

In an interview, Trump revealed that he has long been a top target on Iran's assassination list, noting that this threat is not a recent development. He emphasized that if his safety is compromised, the US must launch an unprecedented military strike against Iran. Regarding circulating reports that Israel provided new intelligence, Trump downplayed its significance, arguing that Iran's desire to retaliate against him has been a public threat for years rather than a sudden occurrence. Although claims suggest the US may have approximately 1,000 missiles locked on targets within Iran with more weapons on standby, neither the White House nor the Department of Defense has publicly confirmed specific missile counts or strike plans to date. Some US officials also noted that Israel's sharing of such information might be driven by policy considerations aimed at pushing Washington to expand military operations. Internally, there remains debate within the US administration regarding the immediacy of any assassination plot.

Iran's threats against Trump date back to the 2020 US military strike that killed Iranian Major General Qasem Soleimani. Since then, Iranian officials have repeatedly vowed revenge against US officials involved in the decision. During funeral ceremonies for Iran's late Supreme Leader held this week, anti-US slogans and threats against Trump were visible at the scene. Trump subsequently responded at a NATO summit, stating he is the primary target on Iran's assassination list and issuing a stern condemnation of the Iranian leadership. Following the end of the fragile ceasefire between the US and Iran, Washington has clearly notified Tehran that previous ceasefire arrangements are terminated. The Trump administration also cancelled certain sanctions exemptions related to Iranian oil this week, attempting to apply pressure through simultaneous military and economic means. He stated that if Iran continues to take military action, the US may further expand the scope of its strikes.

Escalating geopolitical risks are rapidly transmitting to global financial markets. Investors are concerned that once the US launches wider-scale strikes against Iran, Tehran may retaliate using missiles, drones, or by blockading the Strait of Hormuz. As a critical channel for global energy transport, any sustained military conflict in the strait could drive up crude oil transportation costs and disrupt international energy supplies. Following the recent reignition of US-Iran conflicts, international oil prices have received significant support, while risk appetite in global stock markets has been suppressed. Trends in safe-haven assets such as gold, US Treasuries, and the US dollar will continue to be influenced by both the scale of military actions and progress in negotiations. Currently, neither side has fully closed the door to diplomatic negotiations, but Trump's latest remarks indicate that once threats against the US President are deemed to have entered the action phase, Washington may rapidly respond with military force on a scale far exceeding previous operations.