Live Updates: Trump says Iran war will still take weeks, oil prices rise with no plan to open Strait of Hormuz - CBS News
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The Bottom Line
President Trump says Iran conflict will take weeks, with no plans to open the Strait of Hormuz as oil prices climb.
How This Affects You
Extended conflict and shipping lane uncertainty could sustain elevated oil prices, raising costs for gasoline, heating, and goods dependent on energy-intensive transport.
AI Summary
President Trump said a potential military conflict with Iran would extend weeks rather than resolve quickly, signaling a prolonged confrontation amid rising global oil prices. The administration has indicated no current plans to open the Strait of Hormuz, a critical waterway through which roughly one-fifth of the world's seaborne oil passes, raising concerns about supply disruptions. Energy markets have reacted to the uncertainty, with crude prices climbing on fears that sustained tensions could restrict the flow of petroleum exports from the Persian Gulf region. The remarks underscore the administration's hardline posture toward Iran while acknowledging the military operation would be protracted rather than a swift intervention. The combination of extended conflict timelines and uncertainty over Iranian-controlled shipping lanes has created instability in global energy markets.
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Tracking the evolving military and diplomatic situation across the Middle East, including US-Iran tensions, Israeli operations, proxy conflicts, and the broader geopolitical implications for the region.
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