U.S. officials responding to economic uncertainty over high oil prices predicted on Sunday that the U.S.-Israeli war on Iran would end within weeks and that a drop in energy costs would follow…
U.S. officials responding to economic uncertainty over high oil prices predicted on Sunday that the U.S.-Israeli war on Iran would end within weeks and that a drop in energy costs would follow, despite Iran's assertion that it remains "stable and strong" and ready to defend itself.
U.S. President Donald Trump threatened more strikes on Iran's main oil export hub Kharg Island over the weekend and said he was not ready to reach a deal to end the war which has shut off the vital Strait of Hormuz and shaken up global energy markets.
Trump has said Iran wants to negotiate, but Iranian Foreign Minister Abbas Araqchi on Sunday disputed that claim.
“We have never asked for a ceasefire, and we have never asked even for negotiations," Araqchi told CBS' "Face the Nation" program. "We are ready to defend ourselves for as long as it takes.”
With crude oil prices hovering around $100 a barrel, Trump administration officials insisted that all signs point to a relatively quick end to the conflict.
"This conflict will certainly come to the end in the next few weeks — could be sooner than that ... and we'll see a rebound in supplies and a pushing down
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