Trump Vows Iran War ‘Will End Very Soon’ as Oil Prices Spike Then Drop Amid Volatile Market Reactions
By Juba Global News Network | JubaGlobal.comMarch 11, 2026
President Donald Trump declared on March 9 and 10 that the ongoing US-Israel-Iran war “will end very soon,” offering a mix of optimism and defiance as the conflict enters its 12th day. Speaking at a press conference at his Florida golf club and in subsequent interviews, Trump described the military campaign — dubbed Operation Epic Fury — as “very complete, pretty much” and insisted that Iran’s leadership and capabilities have been “blown up,” paving the way for a swift conclusion.
The statements come amid intense fighting, including the recent U.S. destruction of 16 Iranian mine-laying vessels near the Strait of Hormuz and Iran’s heavy missile barrage on Israeli cities Tel Aviv and Haifa. Trump’s remarks appear aimed at calming jittery global markets while maintaining pressure on Tehran.
Trump’s Key Statements and Timeline Signals
In a CBS News interview and at a Republican gathering in Miami, Trump addressed the war’s duration directly. When asked if the conflict would end this week, he replied, “No,” but quickly added, “Very soon.” He emphasized that Iran “has no leadership” left after targeted strikes and that the U.S. is “very far ahead” of initial estimates.
Trump described the operation as a “short-term excursion” to eliminate threats, particularly Iran’s nuclear program and missile arsenal. He reiterated that the war would conclude once he, as commander-in-chief, determines that military objectives have been met — including what the White House has framed as Iran’s effective “unconditional surrender” in terms of posing no further threat.
White House Press Secretary Karoline Leavitt clarified that the end date rests solely with Trump: “When the president determines that Iran no longer poses a threat to the United States and the goals of Operation Epic Fury have been fully realized, then the war will essentially be over.” Defense Secretary Pete Hegseth echoed this, stating attacks would continue “until the enemy is totally and decisively defeated” on America’s timeline.
Trump also floated potential waivers on certain oil-related sanctions to boost global supply and reduce prices once stability returns, signaling a post-conflict focus on energy markets.
Oil Markets Reel from Mixed Signals
Trump’s assurances triggered immediate market reactions. Brent crude had surged toward $120 per barrel in the days following Iran’s partial closure of the Strait of Hormuz and attacks on Gulf energy infrastructure. Prices then plunged sharply — dropping below $90 in some sessions — after Trump’s “very soon” comments eased fears of prolonged disruption.
Analysts attribute the volatility to uncertainty: while Trump projects confidence in a quick resolution, ongoing U.S. strikes (described by the Pentagon as the “most intense day yet”) and Iran’s vows of continued resistance suggest the fighting is far from over. The International Energy Agency continues preparations for a massive release of strategic reserves, and Saudi Arabia has maximized alternative pipeline routes to bypass the strait.
Trump downplayed the price swings, calling $100+ oil a “small price to pay” for eliminating the Iranian nuclear threat and predicting a rapid drop once the war ends. Critics, however, warn that prolonged uncertainty could sustain elevated energy costs, fueling inflation concerns ahead of upcoming political cycles.
Broader Context: Day 12 of the US-Israel-Iran War
The conflict, which began February 28 with joint U.S.-Israeli strikes including the reported assassination of Supreme Leader Ali Khamenei, has seen relentless airstrikes on Iranian targets, naval engagements in the Gulf, and direct Iranian missile retaliation against Israel. Casualties include over 140 U.S. troops wounded and 7 killed, thousands of Iranian deaths claimed by Tehran, and civilian impacts in Israel from recent barrages.
Iran’s new leadership under Mojtaba Khamenei has rejected surrender talks without guarantees, while Trump and Israeli Prime Minister Benjamin Netanyahu maintain that dismantling Iran’s nuclear and missile programs remains non-negotiable.
Global Reactions and Skepticism
International responses to Trump’s optimism vary. European allies express relief at potential de-escalation but urge caution, with some deploying additional naval assets to secure shipping lanes. Russia has reaffirmed mediation offers, and China calls for restraint to stabilize energy markets.
Analysts question whether Trump’s timeline is realistic. Some point to Iran’s resilience despite heavy losses, its asymmetric capabilities (drones, proxies), and the challenges of fully neutralizing a determined regime in weeks. Others see the statements as psychological warfare aimed at demoralizing Tehran and reassuring domestic audiences amid rising U.S. casualties and economic ripple effects.
As one expert noted, “Trump is signaling victory to calm markets and pressure Iran, but the battlefield reality may dictate a different pace.”
What Comes Next?
Trump’s vow that the war “will end very soon” has injected hope into volatile markets, but the coming days will test whether his confidence matches developments on the ground. With the Pentagon promising continued intense operations and Iran vowing retaliation, the path to resolution remains uncertain.
Juba Global News Network will track every development. As President Trump stated: “It’s going to be ended soon, and if it starts up again they’ll be hit even harder.” The world awaits clarity on when — and how — this chapter closes.
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This comprehensive report draws from White House briefings, President Trump’s public statements, Pentagon updates, and market analyses. Stay tuned to JubaGlobal.com for live updates, expert commentary, and the latest on the US-Israel-Iran war.
