President Donald Trump has moved to stabilize global energy markets by declaring that the war in Iran is entering its final stages. Trump stated that the military objectives are “pretty well complete” and that the “short-term excursion” has already achieved its primary goals. His comments had an immediate impact on oil prices, which retreated from their recent highs of nearly $120 per barrel.
The war has seen the death of Ali Khamenei and the rapid succession of his son, Mojtaba, a move Trump has dismissed as a “big mistake.” The President remains focused on the military’s success, claiming that the Iranian navy and air force have been “totally taken out.” He told reporters in Florida that the U.S. has “won in many ways” and that a final victory is close.
Trump emphasized that the pre-emptive strikes were necessary to prevent a “100% certain” attack on the United States and its allies. He praised the “amazing” work of the U.S. military, which he says has struck over 3,000 targets in the first week. This rapid pace has allowed the administration to consider ending the campaign much sooner than initially predicted.
The President has made it clear that the U.S. will not tolerate any disruption to the flow of oil through the Strait of Hormuz. He warned that any “cute” moves by Iran would result in a response “twenty times harder” than previous strikes. He has also hinted at a more direct U.S. intervention to secure the strategic waterway for international shipping.
As the conflict moves into its second week, the humanitarian crisis in Lebanon and Iran continues to grow, with over 1,200 casualties reported. Trump’s focus remains on the “ultimate victory” and the removal of “evil terrorists” from the region. The world now waits to see if the “very complete” war will transition into a lasting regional peace.