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Trump Declares Victory Over Iran But War Isn't Over
The U.S. President says America has "completely decimated" Iran after Operation Epic Fury (launched Feb 28 with Israel).
What Happened:
✅ 5,500+ targets destroyed, 60+ Iranian ships sunk
✅ Supreme Leader Khamenei killed on Day 1
✅ 90+ military targets hit on Kharg Island (Iran's oil lifeline) - oil infrastructure deliberately spared
✅ Trump calls on China, UK, France, Japan, South Korea to send warships to secure the Strait of Hormuz
Iran's Response:
▶️ Vows to block all oil shipments to U.S., Israel, and allies
▶️ Threatens to destroy regional oil infrastructure if its energy sites are attacked
▶️ Strait of Hormuz shipping nearly halted - 20% of global oil flows through here
Market Impact:
➡️ Oil surged 25%+ - Brent crude above $100/barrel
➡️ U.S. gas prices up 20%, diesel up 28%
➡️ IEA announced largest emergency oil release in history (400M barrels) - prices still rising
What to Watch:
No ceasefire in sight. Any hit on Kharg Island oil infrastructure could push crude to $135-$200/barrel. This remains the biggest geopolitical risk event since Russia's Ukraine invasion.
Not Financial Advice. ALWAYS DYOR.