President Donald Trump declared on Monday that the war against Iran is nearing its end, signaling a rapid conclusion to the conflict. Speaking to CBS News, Trump stated, ‘I think the war is very complete, pretty much,’ in remarks that spurred an immediate uptick in U.S. stock market indices.
Trump elaborated on the state of Iran’s military capabilities, asserting that the country has been severely weakened. He noted that Iran now lacks a functioning navy, effective communications, and an operational air force, painting a picture of a decisively diminished adversary. These comments, relayed by CBS senior White House correspondent Weijia Jiang, underscore the extent of U.S. dominance in the ongoing campaign.
JUST IN: Trump says war is "pretty much complete"
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Adding to the sense of swift progress, Trump revealed that the timeline for the conflict has far outpaced initial expectations. He told Jiang that the U.S. is ‘very far’ ahead of his original estimate of four to five weeks for the war’s duration. This accelerated pace has fueled optimism among investors, with markets reacting positively to the prospect of reduced geopolitical tension.
The president’s statements come at a critical juncture, as the conflict with Iran has been a focal point of global attention since its escalation. Trump’s confidence in a near-total victory suggests a potential shift in U.S. foreign policy focus in the coming weeks, with resources and attention possibly redirecting to other pressing domestic and international priorities.
Market gains on Monday reflected a broader relief among traders, who have grappled with uncertainty surrounding the war’s economic ripple effects. The Dow Jones Industrial Average, S&P 500, and Nasdaq all posted notable increases following the news, with the S&P 500 alone climbing 1.2% by midday trading. This rally highlights the direct link between geopolitical developments and financial sentiment in a tightly interconnected global economy.
As the situation unfolds, Trump’s assertion of a near-complete victory stands as a defining moment in the conflict. With Iran’s military infrastructure reportedly dismantled, the path to a formal resolution may be closer than anticipated, potentially reshaping Middle East dynamics for the remainder of 2026.
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