Trump says war to end 'very soon,' floats removing oil sanctions | Fortune
Briefly

Trump says war to end 'very soon,' floats removing oil sanctions | Fortune
"We're looking to keep the oil prices down. They went artificially up because of this excursion. The president did not offer additional specifics, beyond acknowledging he had discussed the topic with Russian President Vladimir Putin in a phone call earlier Monday. Russia has faced sanctions on its oil revenue in an international bid to deprive the country of revenue over its war in Ukraine."
"Together with our Israeli partners, we're crushing the enemy in an overwhelming display of technical skill and military force. At the press conference, the president claimed the US had hit 5,000 targets in the country, said Iran's missile capability was down to 10%, and that drone launches from the country had decreased 83%."
"The president said that he did not believe the conflict would be over this week, but insisted the operation was ahead of schedule and looked to shore up investors increasingly concerned about energy prices. He vowed bombing at a much, much harder level if Iran disrupted oil supplies alongside his sanctions pledge."
President Trump announced plans to waive oil-related sanctions and deploy the US Navy to escort tankers through the Strait of Hormuz while predicting the Iran conflict would resolve soon. He stated the operation was ahead of schedule and threatened harder bombing if Iran disrupted oil supplies. Trump emphasized keeping oil prices down, attributing recent increases to the conflict. He discussed the matter with Russian President Putin and claimed significant military achievements, including hitting 5,000 targets, reducing Iran's missile capability to 10%, and decreasing drone launches by 83%. Despite these claims, Trump acknowledged unanswered questions about Tehran's leadership and vowed continued military pressure until total victory.
Read at Fortune
Unable to calculate read time
[
|
]