President Donald Trump told The Axios Show that he possesses "no limits" to his authority regarding Iran, a statement that underscores the unpredictable nature of U.S. policy in the Middle East and reinforces the geopolitical risk premium currently embedded in global markets.

The remarks signal that Washington’s approach to Tehran remains fluid and potentially escalatory, regardless of recent diplomatic overtures.

Just days later, the president stated that Iran has agreed not to pursue nuclear weapons, though he emphasized that the country could still reverse its position.

The declaration arrives in the wake of a highly volatile week for U.S.-Iran relations.

On Wednesday, Trump declared that American forces would bomb Iran "today," marking a sharp escalation in a diplomatic standoff that has gripped global markets.

Just days later, the president stated that Iran has agreed not to pursue nuclear weapons, though he emphasized that the country could still reverse its position.

This rapid oscillation between threats of kinetic action and claims of diplomatic breakthroughs has left investors navigating a high-uncertainty environment.