Thursday, March 12, 2026-Donald Trump says the war with Iran could end soon, even as the conflict continues to intensify across the Middle East. Speaking to reporters, Trump said U.S. forces have already inflicted severe damage on Iranian military capabilities and that there is “practically nothing left to target,” suggesting the campaign is nearing its conclusion.
Despite those claims, tensions remain high as Iran escalates its retaliation. Iranian forces have targeted commercial ships and threatened to strike economic infrastructure, including banks linked to the United States and its allies. Attacks on vessels and shipping routes in the region—especially near the Strait of Hormuz—have raised fears of major disruptions to global trade and energy supplies.
The conflict is also beginning to reveal its human and financial toll on U.S. forces and the global economy. Oil prices have surged above $100 per barrel while markets around the world remain volatile as the war enters its second week. Analysts warn that continued attacks on shipping and infrastructure could further destabilize energy supplies and deepen economic uncertainty worldwide.
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