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Trump Claims "Near Victory" in Iran War as Oil Jumps Above $106 | Firstpost Live

April 02, 2026, 11:42 AM ISTGeneral News Videos by Firstpost Videos Desk

Trump Claims "Near Victory" in Iran War as Oil Jumps Above $106 | Firstpost Live

This is an AI-generated summary and has not been vetted by the Firstpost editorial team

US President Donald Trump said the country is "very close" to victory in the Iran war, even as he warned of more intense strikes in the coming weeks. In a wartime address, Trump claimed key military objectives are nearly complete but offered no clear roadmap for ending the conflict. The Strait of Hormuz, one of the world’s most critical oil trade routes, has effectively come under Iranian control, disrupting global supply and pushing crude prices higher. Meanwhile, divisions with allies are widening. UK PM Keir Starmer has ruled out British involvement, while allies such as France and Italy have denied access to their bases for US operations in Iran. Australian Prime Minister Anthony Albanese has questioned the war's next phase, adding to global uncertainty.

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