US President Trump says US is not pulling assets in the Strait of Hormuz yet, CBS reports; “At some point I will, not quite yet, but countries have to come in and take care of it"
President Trump's comments indicate a continuation of U.S.
US General Caine says the US continues to degrade and destroy the capabilities of Iran, continue to strike key manufacturing and research sites. Commenced overland B52 missions, the first of this operation.
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US President Trump says US is not pulling assets in the Strait of Hormuz yet, CBS reports; “At some point I will, not quite yet, but countries have to come in and take care of it"
[MARKET UPDATE] US equity futures saw short-lived upticks as Warren Buffet said that if there is a big market decline, Berkshire Hathaway (BRKB) will deploy cash; moves have pared as oil ticked higher
Oracle (ORCL) laid off some employees on Tuesday; the cuts appear to have affected employees globally, but the full extent of the layoffs could not be immediately learned, Business Insider reports
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STRAIT OF HORMUZ
- "Iran has been decimated, but they're going to have to come in and do their own work."
- Trump says the US WILL be there, but he’s frustrated that other countries are not doing more.
GAS PRICES
- On gas prices, Trump says "They'll drop when we leave, when it's over."
TIMEFRAME
- "We are ahead of schedule actually, in terms of what we have done. They've got no military might anymore. They are down on everything they had. They're a mess. I would say we are two weeks ahead of schedule.”
OBJECTIVES
- Trump says “not much” more has to happen between now and declaring victory, pointing out regime change is a “big factor”
- “We want to clean up some ends…We've had total regime change. These are different people than anyone has ever heard of before, and frankly they've been more reasonable. So, we've had total regime change beyond what anyone thought possible. It's a big factor."
- One of Trump’s main war objectives is to rid Iran of its nuclear capabilities.
- When asked if removing its enriched uranium is necessary to declare a victory: “I don’t I even think about it. I just know that, you know, that’s so deeply buried it’s gonna be very hard for anybody. And we – we’ve watched it for – you know, since the attack, we’ve watched it. And at least I think finally people admit it was obliteration. It’s down there deep. And they haven’t been able to do it. You know, even without a war they haven’t been able to do it. So it’s pretty – it’s pretty – it’s pretty safe. But, you know, we’ll make a determination.”
military presence in the Strait of Hormuz, emphasizing the need for other countries to step up their contributions. This sentiment could lead to heightened tensions in the region and impact oil prices, particularly Brent crude, due to uncertainty around U.S. withdrawal timelines and geopolitical stability.
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