It has been ten days since the US and Israel launched attacks on Iran, and the impact of the conflict has widened significantly: Iran has retaliated, Israel has struck Lebanon, and oil prices have risen. Iranian officials have chosen Ali Khamenei's son as his successor, but Donald Trump has signaled that Mojtaba Khamenei does not have his support.
Speaking in Florida on Monday, Trump said that although the US has had many military victories in Iran and the war will soon be over, the US “will go further.” “We have already won in many ways, but we have not won enough,” Trump told Republican lawmakers.
The benchmark oil price has fallen after US President Donald Trump said the war with Iran will end "very soon".
Oil rose above $100 a barrel on Monday — before Trump said the war was “well ahead of schedule” and “almost completely over.”
His comments led to a drop in the price of oil, which is now closer to $90 per barrel, the BBC reports.
But Trump did not provide much clarity, even when pressed for more details, as he threatened to hit Iran "twenty times harder" if they stopped the flow of oil through the Strait of Hormuz.
Iran has reportedly said it will not allow "a single liter of oil" to be exported from the region if US and Israeli attacks continue.
t7 live
