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Trump says Iran war could be over soon

| March 9, 2026 6:00 PM

DUBAI, United Arab Emirates (AP) — U.S. President Donald Trump said Monday that the war against Iran could be short-lived, but he left open the possibility of an escalation in fighting if global oil supplies are disrupted by the Islamic Republic, which chose a new hard-line supreme leader.

Oil prices briefly shot to their highest level since 2022 a day after Iran selected Ayatollah Mojtaba Khamenei to succeed his late father as Iran’s supreme leader. Investors saw it as a signal that Iran was digging in 10 days into the war launched by the United States and Israel.

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