HOT MOMENTS: Donald Trump Says the Iran War Could End Soon

US President Donald Trump’s statements on the war with Iran, oil prices, and global energy security attracted attention in global markets. In particular, messages suggesting that the ongoing conflict with Iran was nearing its end, and potential interventions in oil prices, were the focus of investors.

In an interview with CBS, Trump stated that the war with Iran was progressing faster than expected, saying the U.S. was “well ahead” of the initially projected four to five-week timeline. Trump said, “I think the war with Iran is largely over,” adding that the war could end soon. He also claimed that Iran had “fired everything it could fire.”

Trump’s remarks also triggered a swift reaction in US stock markets. US stock markets turned positive during the day after the president said the war might be nearing its end.

Another notable development reported by CBS News is the Trump administration’s consideration of possible actions regarding the Strait of Hormuz. According to the report, Trump is evaluating the possibility of gaining control over the strategic Strait of Hormuz, through which a significant portion of the world’s oil trade passes.

It was also reported that Trump made a noteworthy statement regarding the political future in Iran. According to information shared by a CBS reporter on the X platform, Trump said he was considering a successor to Iran’s new religious leader, Mojtaba Khamenei, but did not provide details about who that person might be.

Meanwhile, Russia has also issued a statement regarding the Iranian crisis. The Kremlin announced that Russian President Vladimir Putin has presented a series of proposals aimed at quickly resolving the conflict in Iran.

The Trump administration is exploring various options to control rising oil prices. White House spokesman Taylor Rogers told CBS News that President Trump is reviewing “all credible options” to address the increase in oil and natural gas prices. Rogers said the White House is in constant coordination with relevant agencies to keep energy markets stable, and that this is one of the president’s top priorities.

*This is not investment advice.