Lates News

In a national television address on Thursday, Trump detailed the military achievements of the "epic angry action." He said, "The US military has achieved rapid and decisive victory. Core strategic objectives are close to being achieved. There has never been any enemy in the entire history of human warfare to suffer such clear and devastating large-scale losses in just a few weeks." He emphasized, "Iran's ability to launch missiles and drones has been greatly weakened. We will never allow Iran to possess nuclear weapons." As for energy, Trump still said, "We do not need oil from the Middle East. Partly due to the oil and gas from Venezuela, the US no longer relies on the Middle East. The recent increase in gasoline prices in the US is a 'short-term' phenomenon. Oil production will increase significantly soon. The US has never been so well-prepared economically." Regarding the most worrying issue for the market, the Strait of Hormuz, Trump still did not provide a timeline for when it will be opened: "We did not need the Strait of Hormuz in the past and we don't need it now. Once the conflict is over, the strait will naturally reopen."