US Secretary of State Rubio told G7 counterparts that the Iran war should end in a matter of weeks, according to reports; Rubio did not ask G7 to contribute ships to clear strait of Hormuz now but asked them to prepare for postwar role

Context

This statement from US Secretary of State Rubio suggests a potentially imminent de-escalation in the conflict regarding Iran, which could stabilize oil supply concerns in the short term. While he did not request immediate military support from G7 nations, the preparation for a postwar role indicates a strategic pivot that could influence energy markets and commodity prices, particularly WTI, as investors assess the implications for regional stability and supply chains.

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