Please Follow us on Truth Social, X , Youtube , Minds, Telegram, Rumble, GETTR, Gab
President Donald Trump today posted on his Truth Social account that the U.S. is getting very close to achieving its objectives in the Iran War. These goals mainly focus on seriously degrading their military capability.
Attention now is shifting towards reopening the Strait of Hormuz. There are large troop movements underway to possibly seize Kharg Island, where 90% of Iran's oil exports are routed through.
In short, conflicting messages for financial markets from the Trump administration. As we write, Brent Crude is trading around $110 a barrel.
More somewhat confusing rhetoric on Iran plans from Trump: He said late in the afternoon Friday US strikes on Iran are "weeks ahead of schedule" - but caveated that he expects oil prices to surge more than they have. He repeatedly emphasized that he does not want a ceasefire - "we’re not looking to do that" - while leaving the door open to dialogue, insisting talks don't necessarily require halting the fighting. He said all this while also proclaiming "I think we've won." He also expressed he thinks Israel will wind down the war when the US does, reported Zero Hedge.
Trump asserted further that Iran's military has been severely degraded, saying it has "no radar, spotters, aircraft" and that key leaders have been killed, concluding: "from a military standpoint Iran is finished" and "I think we’ve won." He also said Israel would be ready to end the war when the US does, noting both countries "want more or less similar things."
