Crude plunges, stocks rally as Trump says war ‘pretty much’ complete
The Hindu
Oil prices plummet while stocks soar as Trump declares the U.S.-Israel war on Iran is nearing completion.
Oil prices tanked and equities rallied on Tuesday (March 10, 2026) following a wild day of swings that came after Donald Trump said the U.S.-Israel war on Iran would be ending earlier than thought.
As the crisis in the crude-rich West Asia continued into a second week, with seemingly little sign of a conclusion on the horizon, the U.S. president said that the campaign was far ahead of his initial timeline of around a month.
“I think the war is very complete, pretty much. They have no navy, no communications, they’ve got no air force,” Mr. Trump told CBS News by phone.
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“If you look, they have nothing left. There’s nothing left in a military sense,” he added.
Mr. Trump told the broadcaster that the United States was “very far” ahead of his initially stated war time frame of four or five weeks.
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