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Geopolitical Tensions Flare: Pentagon Requests $200B for Iran Conflict as Energy Infrastructure Targeted
Stock Market News· 2026-03-18 23:38
Group 1: Military and Geopolitical Developments - The Pentagon is seeking a budget request exceeding $200 billion to fund military operations against Iran, following a series of strikes on critical gas facilities [2][9] - Global energy markets are under severe pressure after infrastructure in both Iran and Qatar was targeted, prompting French President Emmanuel Macron to call for a moratorium on civilian infrastructure strikes [3][9] Group 2: Market Reactions - Nikkei 225 futures plummeted 3.5% (approximately 1,939 points) in late-night trading, signaling a volatile opening for Asian markets ahead of a summit between President Donald Trump and Japanese PM Sanae Takaichi [4][9] - The Reserve Bank of New Zealand (RBNZ) is shifting to weekly full allotment operations to inject liquidity into the financial system amid rising global instability [5][9] Group 3: Corporate Developments - Google DeepMind has recruited Bridgewater Associates Chief Scientist Jasjeet Sekhon as its new Chief Strategy Officer, bridging the gap between elite hedge fund analytics and AI development [6][9]