US embassies in the Middle East are bracing for possible escalation after Trump said the US will hit Iran 'hard'.

The US president's message came amid media reports that he was planning new, intense strikes on Iran over the weekend.

He added that Israel has agreed to join the U.S. in the commitment to try to complete the agreement with Iran.

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South Korea’s retail traders have long built a reputation for embracing risk. Yet July’s punishing reversal in the Kospi has rattled even this battle-hardened cohort, exposing the limits of their tolerance for volatility.

Saudi Crown Prince Mohammed bin Salman told President Donald Trump in a call that he was concerned over the US’s plans for new strikes against Iran, Axios reported, citing people familiar with the conversation.

Managers capitalise on investors’ desire to ‘hedge’ against US market bets