Trump Says Iran Conflict ‘Close to Over’, Signals Economic Resilience Amid Rising Tensions

Washington, April 2026 : Donald Trump has claimed that the ongoing conflict with Iran is “close to being over,” asserting that American actions have significantly weakened Tehran’s military capabilities while containing its nuclear ambitions. Speaking in an interview with Fox News at the White House, Trump projected confidence in both the military and economic trajectory of the United States amid escalating tensions in the Gulf region.

The President said a blockade of Iranian ports was now fully in place and described the US offensive as highly effective. “It’s been pretty amazing actually… we’ve obliterated them,” Trump remarked, while cautioning that the final outcome would depend on how events unfold in the coming days. He suggested that a resolution could emerge soon, though he stopped short of outlining a concrete timeline.

Reiterating a long-standing US position, Trump emphasized that preventing Iran from acquiring nuclear weapons remains the central objective of American policy. “They cannot have a nuclear weapon,” he said, warning that the consequences of allowing such a development would be severe. While acknowledging uncertainty over how long the current situation would persist, he suggested that Iran’s ability to sustain itself under pressure was diminishing.

Despite the aggressive posture, Trump indicated that the United States had exercised restraint in its military strategy. He claimed that US forces possessed the capability to inflict far greater damage, including targeting critical infrastructure such as bridges and power plants. However, he said such steps had been avoided with an eye on future reconstruction and regional stability.

Trump also painted a stark picture of Iran’s current military strength, asserting that its naval and air capabilities had been severely degraded. According to him, Iran’s defence systems, including radar and anti-aircraft infrastructure, had been rendered ineffective. He further referred to what he described as a “new regime” in Tehran, suggesting that it appeared comparatively more reasonable, though he did not elaborate on the nature of this shift.

On the diplomatic front, Trump claimed that there had been little to no opposition from major global or regional powers regarding the US approach. When asked about reactions from countries such as China or Saudi Arabia, he said there had been no significant pushback, implying tacit acceptance or limited resistance to Washington’s actions.

Turning to the economic implications of the conflict, Trump acknowledged that there would be short-term disruptions but expressed strong confidence in a rapid recovery. He estimated that the economic impact would last for a few weeks, after which conditions would stabilise. “There’s going to be a hit, but it’s going to recover,” he said.

Energy markets, particularly oil prices, featured prominently in his assessment. Trump noted that prices had remained lower than expected despite the heightened tensions, citing a figure of around $92 per barrel. He said that many analysts had predicted a much sharper spike, potentially reaching $200 per barrel, but this had not materialised. He expressed optimism that oil and gasoline prices would decline significantly once the conflict subsides, easing pressure on consumers and businesses.

The President also voiced confidence in the resilience of US financial markets. He pointed out that stock indices had held up relatively well despite volatility earlier in the year. “If you told me that in the midst of it we’d have a stock market almost as good as it was two months ago, I would have been surprised,” he said, adding that markets are poised for a strong rally once the crisis ends.

Looking ahead, Trump predicted a “boom” in the stock market following the resolution of hostilities, linking economic performance to his broader geopolitical strategy. He argued that decisive action against Iran was necessary to prevent a more severe and prolonged crisis that could have had far-reaching economic consequences globally.

On domestic policy, Trump highlighted his administration’s push for a Republican-led reconciliation package aimed at advancing key economic measures without relying on Democratic support. He outlined several tax initiatives, including proposals to eliminate taxes on tips, Social Security benefits, and overtime income. According to him, these measures are already benefiting American households, with some receiving substantial refunds.

“People are getting refunds of $5,000, $8,000, even $11,000 that they didn’t expect,” Trump said, framing the policy as a direct boost to consumer spending and economic activity. He also underscored the importance of maintaining a streamlined legislative approach to ensure swift passage of such measures.

Border security funding was another priority highlighted by the President, who said it remains a key component of the broader economic and national security agenda. He argued that controlling energy costs and ensuring security are fundamental to sustaining economic growth.

The developments come against the backdrop of heightened global concern over the Strait of Hormuz, a critical maritime route through which a significant portion of the world’s oil supply passes. Any disruption in the region has immediate implications for global energy markets and inflation, particularly for energy-dependent economies.

While the United States and its allies maintain that Iran must not develop nuclear weapons, Tehran has consistently denied pursuing such capabilities. Nevertheless, tensions over its nuclear programme have repeatedly escalated, at times spilling into direct confrontation.

As the situation evolves, Trump’s remarks signal a mix of military assertiveness and economic optimism, even as the international community watches closely for signs of de-escalation or further conflict.

(The content of this article is sourced from a news agency and has not been edited by the Mavericknews30 team.)