- U.S. President Donald Trump said that the war with Iran may end soon as American military operations are progressing faster than expected.
- He also touched upon the issue of the United States potentially taking control of the Strait of Hormuz.
U.S. President Donald Trump said that the war between his country and Iran may come to an end soon. This cites that the military operations are progressing faster than expected. The President made these remarks during a phone interview with Weija Jiang, CBS White House Correspondent. In which he was discussing the progress of the U.S. military operation dubbed “Operation Epic Fury.” The President said that his country is significantly ahead of the timeline that was initially set for the operation. The military had planned that the war against Iran would last for about four to five weeks. However, President Trump said that recent developments show that the war may come to an end sooner than expected. He described the war as “very complete,” adding that the Iranian military capability is significantly weaker.
NEW—In a phone interview, President Trump told me the war could be over soon: “I think the war is very complete, pretty much. They have no navy, no communications, they’ve got no Air Force.” He added that the U.S. is “very far” ahead of his initial 4-5 week estimated time frame.
— Weijia Jiang (@weijia) March 9, 2026
Trump’s Decisions and Opinions
Trump stated that U.S. operations have weakened Iranian forces, reducing their naval, communication, and air force capabilities. These comments were in line with the US’s evaluation of the conflict and its conclusion that the US Armed Forces have achieved a strategic advantage in the war. Trump also commented on the Strait of Hormuz in the context of his comments on the security of the region in general. He emphasized the fact that ships are passing through the important waterway despite the geopolitical tensions in the region. At the same time, he emphasized the fact that the US is planning to take control of the important oil transit point if needed. The Strait of Hormuz is one of the most important global oil transit routes, carrying a significant amount of the world’s daily crude oil supplies.
Financial markets immediately reacted to Trump’s remarks about the U.S.–Iran conflict, which triggered a movement in Bitcoin’s price. Before the U.S. president’s comments circulated, traders pushed the leading cryptocurrency into a retracement phase, keeping it near the lower end of the $68,000 level. However, with the circulation of the information concerning the remarks made by the U.S. president concerning the U.S.-Iran conflict situation, the price of the cryptocurrency was seen to be rising and moving above the $69,000 mark.
It has always been noted that the situation in the world affects the sentiment of the investors in the traditional as well as the digital markets. In this case, the remarks made by the U.S. president concerning the U.S.—Iran conflict situation can be seen as having reduced the level of uncertainty concerning the situation, and as such, the market participants responded with increased trading activities in the cryptocurrency market, with the price rising above the $69,000 mark.
Further, trading data also indicated that it stabilized in the range of $69,000 after the price recovery.
On the other hand, the oil market reacted in the opposite direction. The crude oil prices declined significantly in the same period. This indicated how geopolitics can affect both oil and cryptocurrency markets at the same time. Investors are also awaiting further updates regarding the conflict and the effects of global macroeconomic events on cryptocurrency markets.
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