Trump said the conflict with Iran was progressing very quickly, setting a timeframe of 4–6 weeks and warning Iran that it must reach an agreement or face further attacks from the US.
Speaking on March 26, Trump described Iran as negotiating because it had been defeated, linking geopolitical developments to US market sentiment, oil prices, and plans to announce aid for farmers.
- Trump set a timeframe for a war with Iran: 4–6 weeks.
- Claiming that 154 Iranian vessels have been destroyed, Iran no longer has mine-laying ships.
- Assuming that the drop in US oil and stock prices is not severe, measures will be taken to support farmers.
Developments in the conflict and conditions for reopening the strait.
Trump said the conflict with Iran was progressing extremely rapidly, sooner than planned, and that Iran was talking and negotiating with the US.
Trump declared a timeline for hostilities of 4 to 6 weeks. He also said Iran was negotiating because it had been defeated, that the US could freely enter Iranian towns, and that 154 Iranian ships had been destroyed.
Regarding the conditions for ending the escalation, Trump said Iran has a chance to reach an agreement; if the right agreement is reached, the straits will be reopened. He also asserted that Iran no longer has mine-laying ships and has a chance to abandon its nuclear ambitions, but in the meantime, the US will continue to attack them, and Iran must reach an agreement or face continued attacks.
US market, oil prices, and policy plans.
Mr. Trump said he had thought US stocks would fall more sharply, and that the drop in oil prices and stocks was not as serious as some had predicted.
He said that measures to support American farmers would be announced on Friday. He also predicted that energy prices would fall, possibly even lower, and said Bessant would speak about measures to address rising energy prices.
