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Trump states that Iran "has almost no targets to strike"
Investing.com - On Wednesday, the S&P 500 briefly rose after President Trump told Axios that Iran has “almost no targets to hit,” marking his second hint this week that military actions may be nearing an end.
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In a brief phone interview on Wednesday, Trump stated that the war with Iran will “end soon” and that he can end the conflict “at any time.” The president said the operation has “far exceeded the timeline” and caused more damage than initially expected.
According to reports, at the time of these remarks, U.S. and Israeli officials privately indicated that strikes on Iran are expected to last at least two weeks. Israeli Defense Minister Izrael Katz said Wednesday that the war will “continue without any time limit, until necessary.”
On Tuesday, U.S. intelligence indicated that Iran had begun laying mines in the Strait of Hormuz, a critical chokepoint for global oil supplies. Trump confirmed that the U.S. strikes destroyed 16 mine-laying ships and disrupted Iran’s plans, though officials noted that the number of mines deployed appears to be very small.
The president described this military operation as revenge for the death and destruction Iran has caused over the past 47 years.
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