11:30 AM Market Flash: Trump says Iran "should wave the white flag of surrender" | Former Trump economic adviser Gary Cohn says Kevin Warsh wil
US equities are pushing higher with the SPX trading at 7258.37, up 1.67 percent on the session, while the VIX has eased to 17.48, down 2.62 percent. President Trump said Iran should wave the white flag of surrender but is too proud to do so, as Iran warns the US that new attacks in the Strait of Hormuz risk reigniting conflict in the Middle East. Dairy Queen has paused its Middle East growth plans citing supply chain disruptions from Middle East tensions including war in Iran. A logistics expert warns of a 'multi-layer crisis' as geopolitical tension paralyzes global trade, with the global supply chain in 2026 driven by military conflict in the Middle East and a paralyzing energy emergency. India has approved an enhanced credit guarantee scheme worth Rs 2,55,000 crore to support businesses hit by the West Asia crisis. Bitcoin is trading at 81,323, up 1.3 percent over the past 24 hours.