U.S. President Donald Trump has expressed optimism that the ongoing Middle East conflict could come to an end within two to three weeks, stating that the United States is close to concluding its military objectives.
Speaking from the Oval Office, Trump said American forces would be leaving Iran “very soon,” adding, “We’re finishing the job,” while also hinting at the possibility of a diplomatic agreement before the timeline elapses.
On the other side, Iran’s President, Masoud Pezeshkian, indicated that Tehran is willing to end the conflict, provided key conditions are met—particularly guarantees to prevent future aggression.
The remarks from both leaders have raised hopes of a de-escalation after weeks of conflict, triggering a strong rebound in global financial markets. Major indices across Asia and the United States recorded significant gains, with investors reacting positively to signs of a potential resolution.
However, uncertainty continues to loom, especially over the strategic Strait of Hormuz, a critical global oil transit route. Concerns about its possible closure have kept crude oil prices elevated, with Brent crude and West Texas Intermediate both trading above $100 per barrel.
Trump also stated that the U.S. would not take responsibility for reopening the strait, urging other nations to secure their own energy routes. His comments included criticism of NATO allies for what he described as a lack of support.
Meanwhile, Israeli Prime Minister Benjamin Netanyahu signaled continued military action, saying operations against Iran would persist despite diplomatic signals.
Economic impacts of the conflict are already being felt globally, with rising fuel prices, inflation pressures in Europe, and increased financial strain across economies. Analysts warn that even if hostilities end soon, the ripple effects—especially high energy costs—may continue to weigh on global growth.
While diplomatic efforts appear to be gaining traction, the situation remains fluid, with mixed signals from key players keeping global markets and policymakers on edge.
