{"id":62931,"date":"2026-06-10T07:38:15","date_gmt":"2026-06-10T11:38:15","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/trump-warns-of-strikes-on-iranian-infrastructure-amid-stalled-negotiations\/62931\/"},"modified":"2026-06-10T07:38:15","modified_gmt":"2026-06-10T11:38:15","slug":"trump-warns-of-strikes-on-iranian-infrastructure-amid-stalled-negotiations","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/trump-warns-of-strikes-on-iranian-infrastructure-amid-stalled-negotiations\/62931\/","title":{"rendered":"Trump Warns of Strikes on Iranian Infrastructure Amid Stalled Negotiations"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>President Trump<\/strong> has threatened new military strikes against <strong>Iranian power plants and bridges<\/strong>, citing Tehran&#39;s failure to finalize a diplomatic deal.<\/li>\n<li><strong>Oil futures<\/strong> resumed gains following the escalation in rhetoric, as markets react to the potential for significant disruption to regional energy infrastructure.<\/li>\n<li><strong>Pfizer (<a href=\"\/stock\/PFE\">PFE<\/a>)<\/strong> CEO Albert Bourla warned <strong>German Chancellor Friedrich Merz<\/strong> that the country&#39;s current pharma policies are making long-term investments &quot;increasingly difficult.&quot;<\/li>\n<li><strong>US Mortgage Applications<\/strong> surged <strong>10.8%<\/strong> for the week ending June 5, a sharp reversal from the previous week&#39;s 2.5% decline, despite a slight rise in the 30-year fixed rate to <strong>6.60%<\/strong>.<\/li>\n<li><strong>China\u2019s NDRC<\/strong> pledged to make &quot;full use&quot; of macroeconomic policies to support growth, signaling potential new stimulus measures to combat external uncertainties.<\/li>\n<\/ul>\n<h2>Geopolitical Tensions Escalate in the Middle East<\/h2>\n<p>President <strong>Donald J. Trump<\/strong> signaled a significant shift in military strategy on Wednesday, stating he is &quot;close to ordering new strikes&quot; specifically targeting <strong>Iranian infrastructure<\/strong>, including power plants and bridges. On <strong>Truth Social<\/strong>, Trump claimed that Iran&#39;s military is a &quot;complete and total mess&quot; and that the regime has &quot;taken too long to negotiate a deal&quot; that would have been beneficial for them.<\/p>\n<p>The threats come despite active diplomatic efforts, with a <strong>Qatari delegation<\/strong> arriving in Tehran this morning to bridge remaining gaps in negotiations. Iranian Parliament Speaker <strong>Mohammad Baqer Ghalibaf<\/strong> responded by asserting that Iran&#39;s defense capabilities remain intact and warned of a &quot;decisive and quick&quot; response to any further aggression. <em>Oil markets have reacted swiftly to the news, with futures erasing earlier losses as traders price in the risk of infrastructure damage in the Gulf.<\/em><\/p>\n<h2>Pfizer Warns Germany on Investment Climate<\/h2>\n<p>In a letter to <strong>German Chancellor Friedrich Merz<\/strong>, <strong>Pfizer (<a href=\"\/stock\/PFE\">PFE<\/a>)<\/strong> CEO Albert Bourla expressed serious concerns regarding the &quot;increasingly difficult&quot; investment climate in Germany. Bourla stated that current policies affecting the pharmaceutical industry are fundamentally altering prices and the market environment.<\/p>\n<p>The company is reportedly assessing the &quot;timing and scope&quot; of its intended investments in the country. <em>This warning follows broader industry concerns that German regulations may be stifling innovation and deindustrializing the nation&#39;s manufacturing base.<\/em><\/p>\n<h2>US Housing Market Shows Surprising Resilience<\/h2>\n<p>The <strong>Mortgage Bankers Association (MBA)<\/strong> reported a <strong>10.8% increase<\/strong> in mortgage applications for the week ending June 5, 2026. This rebound occurred even as the <strong>30-year fixed mortgage rate<\/strong> ticked up to <strong>6.60%<\/strong> from 6.57% the prior week.<\/p>\n<p>Refinancing activity saw a notable jump, now accounting for <strong>40.2%<\/strong> of total applications compared to 38.0% previously. <em>The data suggests that homebuyers may be adjusting to the current rate environment, seeking to lock in financing despite persistent volatility.<\/em><\/p>\n<h2>Global Economic and Diplomatic Shifts<\/h2>\n<p>China&#39;s <strong>National Development and Reform Commission (NDRC)<\/strong> announced it will maximize the use of macroeconomic policies to stabilize the economy. The agency is preparing for the <strong>Fifteenth Five-Year Plan (2026-2030)<\/strong>, which includes over <strong>RMB 5 trillion<\/strong> in planned investments for power grids and utility networks.<\/p>\n<p>In Eastern Europe, <strong>Russian Foreign Minister Sergey Lavrov<\/strong> stated that the <strong>CSTO<\/strong> will consider the possible expulsion of <strong>Armenia<\/strong> from the military alliance. Lavrov cited Armenia&#39;s outstanding membership fees and its increasing cooperation with <strong>NATO<\/strong> and the <strong>European Union<\/strong> as primary drivers for the review.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways President Trump has threatened new military strikes against Iranian power plants and bridges, citing Tehran&#39;s failure to finalize 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