US President Donald Trump has directed the preparation of military options for potentially resuming hostilities with Iran, according to FX Street. These plans are reportedly being developed with the intention to keep any strikes on hold until after the US midterm elections scheduled for November 3.

FX Street reported that no military actions against Iran would take place before the elections, suggesting a strategic pause in light of the political calendar. The planning reflects ongoing tensions between the US and Iran, although no immediate operations are planned.

For Japanese markets, heightened US-Iran tensions and potential military escalations could impact global oil prices and risk sentiment, factors closely watched by investors in FX and equities sectors.