Donald Trump has said he thinks the war with Iran will be over soon. In a phone interview with CBS News on Monday, March 9, the US president said: “I think the war is very complete, pretty much … we’re very far ahead of schedule.”
This seemed to mark a shift in tone from earlier statements in which Trump had insisted the war would continue until Iran’s “unconditional surrender”. Given Tehran’s defiant tone and continuing missile and drone campaign throughout the region, such a scenario doesn’t seem to be on the cards.
Trump’s remarks appear to have been designed to calm the anxiety which had spread through financial markets on Monday, with oil briefly trading above US$100 (£75) a barrel for the first time since 2022 and stock markets falling. They look to have achieved that goal, at least for now, as markets stabilised the following day.