US President Trump says we knocked out Iran's navy and mine layers, adds oil prices will come down, but we won't leave early.

President Trump's remarks about the U.S.

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US President Trump says we knocked out Iran's navy and mine layers, adds oil prices will come down, but we won't leave early.

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Says:

  • Must finish the job on Iran and don't want to return every two years.
Context

military engagement with Iran suggest a commitment to prolonging U.S. involvement, which could lead to ongoing uncertainties in the region. His assertion that oil prices will decline may reflect a perception of reduced risk in oil supply security, but potential escalations could still impact markets, especially in energy and forex. Traders should watch for volatility in commodities and currencies as the geopolitical landscape evolves.

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