President Donald Trump addressed the campaign against Iran on Tuesday, expressing confidence it’s nearing its end. He said Iran won’t obtain nuclear weapons and oil prices are expected to drop soon. “It’s going to be over very soon. It’s going to be over very, very soon. They’re not going to have nuclear weapons, and oil prices are going to plummet just like they did before,” Trump said.
2+The president also weighed in on the American operation against Iran. “I had to make this little foray into the Islamic Republic of Iran. Actually, it was very good,” he said. He argued the move’s significance will only become clear with historical perspective. “I think in the coming years they’ll write books and write the history of our country, and they’ll say this was one of the most important things we did,” he added.
Trump’s remarks come amid ongoing tensions between Washington and Tehran, alongside mounting economic pressure on the Iranian regime. The past 24 hours saw another day of the Iranian rial weakening against the dollar, while oil prices continued their decline. Brent crude fell about 1.3%, and U.S. WTI crude traded down by a similar margin.
2+In Tehran, officials rejected the American president’s statements. Revolutionary Guards spokesman Hussein Mohebi called Trump a “big liar” and accused him of hiding the truth from the American public about Iran’s nuclear program and the situation in the Strait of Hormuz. “The enemy knows that Iran is not pursuing nuclear weapons,” Mohebi claimed earlier today. He said the dispute between the two countries isn’t about the nuclear program, but about Iran’s power. He also claimed the United States is trying to present a false picture of control over the Strait of Hormuz.
2+Mohebi also dismissed claims that Iran has lost its ability to influence traffic through the strait. “The fact that the Americans manage, at great cost, with great difficulty and significant risk, to move a small vessel through the Strait of Hormuz under cover of darkness, does not mean the strait is open,” he said. However, data published by maritime intelligence firm Kpler and cited by Reuters point to a gradual recovery in oil exports through the Strait of Hormuz during September. According to estimates, export volumes are expected to reach nearly 10 million barrels per day—about half the level recorded before the war broke out.