Trump says Iran war could end 'soon', but threatens Iran over oil disruption

US President Donald Trump stated on Monday that the war against Iran could end 'soon,' while simultaneously threatening to escalate military action if Iran disrupts global oil supplies. A spokesperson for Iran's Revolutionary Guard responded that Iran will determine when the war ends, signaling continued tensions. The remarks come amid ongoing hostilities between the US and Iran, with no clear timeline for de-escalation. Trump's comments highlight the fragile state of geopolitical relations in the Middle East, where oil markets remain sensitive to supply disruptions. The conflict has already impacted global energy prices, with potential for further volatility. No specific ceasefire or diplomatic breakthrough was announced.

Global Impact

Economically, the threat to oil supplies could trigger a spike in global energy prices, hurting net importers like India and Japan while benefiting US shale producers. Politically, Trump's mixed messaging may undermine diplomatic efforts, prolonging instability in the Middle East.