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U.S. President Donald Trump says he’ll end the war within weeks, but fears for oil supply and demand destruction are set to linger.
In an address on Wednesday evening, Trump said he expected the war to last another two to three weeks, during which time U.S. forces will “hit” Iran “extremely hard.”
The timescale was a reiteration of what Trump had said the previous day, when he told reporters at the White House that the Iran war would end within weeks “whether we have a deal or not.”
Oil prices have skyrocketed since the U.S. and Israel launched strikes on Iran on Feb. 28, sparking retaliatory strikes across the Gulf from Tehran and the effective closure of the Strait of Hormuz.
