Trump today wrote that he stands behind Hagseth but maybe not if this story is correct. There could be pressure from Congress on this one.
Could something like this buy Iran more time? I’d say on net it makes the US less likely to do anything militarily that could boost oil prices.
Update: Republican congressman Bacon now says Hegseth should go.
Update 2: White House Press Secretary Leavitt says the “story is total FAKE NEWS based on one anonymous source who clearly has no idea what they are talking about.”
This article was written by Adam Button at www.forexlive.com.