US president reportedly told aides he was willing to end war even if Strait of Hormuz stayed largely closed

US president reportedly told aides he was willing to end war even if Strait of Hormuz stayed largely closed

US president’s claim that conflict is nearing end prompts 15% drop in Brent crude and stock market climb in Asia

The Strait has become a central anxiety for Washington’s allies since Tehran forced its effective closure

The president said US forces would 'finish the job' in Iran and that 'core strategic objectives are nearing completion’