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U.S. Military Operations in Iran Could Pressure Oil Prices Lower, Trump Says

White House confirms U.S. destroyed over 50 Iranian vessels and dismantled missile production infrastructure, with Trump predicting oil price declines once operations conclude.

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The White House confirmed that U.S. military forces have destroyed more than 50 Iranian vessels and are actively dismantling Iran's missile production infrastructure, according to a statement from the presidential press office. President Donald Trump expressed confidence that military objectives will be achieved ahead of the initial 4-6 week timeline, signaling accelerated progress in the ongoing operation.

Trump indicated that oil prices are likely to decline once the military campaign concludes, and stated he is willing to use oil futures as a policy lever if needed. The U.S. Navy has offered to escort tankers through the region to maintain shipping security, while Trump has not ruled out deploying ground forces to achieve stated objectives. The campaign will continue until all U.S. goals in Iran are met, according to the statement.

In a separate development reported by Axios, the United States has requested that Israel cease strikes against Iranian energy infrastructure—a move that could complicate broader military coordination efforts. The geopolitical escalation and potential supply disruptions remain closely watched by energy markets, given the direct correlation between regional military actions and crude oil volatility.

Source:axios.com

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