US President Trump says war could be over soon, CBS reports citing a phone interview
- “I think the war is very complete, pretty much. They have no navy, no communications, they’ve got no Air Force.” He added that the U.S. is “very far” ahead of his initial 4-5 week estimated time frame."
- Asked about Iran’s new Supreme leader Mojtaba Khamenei, who Trump has openly criticised, he said, “I have no message for him. None, whatsoever.” Trump said he has someone in mind to replace Khamenei, but he did not elaborate.
- As for the Straight of Hormuz, Trump noted that ships are moving through now, but he is “thinking about taking it over.” Trump warned Iran, “They’ve shot everything they have to shoot, and they better not try anything cute or it’s going to be the end of that country.”
Context
Trump's comments suggest a potential acceleration towards peace, which could imply reduced geopolitical risks in the region. If the situation stabilizes, assets like oil and gold may react negatively as safe-haven demand diminishes, while riskier assets could see some support. Investors should monitor market sentiment closely as the situation evolves, especially regarding U.S. interactions with Iran.
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