Trump Declares ‘Mission Nearly Accomplished’ as U.S. Devastates Iran Military, Oil Surges Above $110

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U.S. President Donald Trump announced Thursday that American forces have nearly achieved their primary objectives in the ongoing military campaign against Iran, following weeks of intense operations under what he described as “Operation Epic Fury.”

In a nationally televised address from Washington, D.C., Trump said U.S. strikes have significantly crippled Iran’s military capabilities, including its navy, air force, missile production systems, and key elements of the Islamic Revolutionary Guard Corps (IRGC) command structure.

“The job is almost done,” Trump said. “We have devastated their ability to wage war.”

According to the President, U.S. forces will escalate operations over the next two to three weeks to eliminate remaining strategic targets before initiating a gradual withdrawal. He emphasized that the campaign had focused on neutralizing what he described as Iran’s most dangerous nuclear and ballistic missile capabilities.

Trump also expressed gratitude to key regional allies, including Israel, Saudi Arabia, Qatar, the United Arab Emirates, Kuwait, and Bahrain for their support throughout the operation. He also paid tribute to 13 American service members killed during the campaign, describing them as heroes who made the ultimate sacrifice.

The address comes amid rising global concern over energy supply disruptions linked to tensions around the Strait of Hormuz, a critical route for global oil shipments. Trump delivered a direct message to countries affected by the supply shock, urging them to seek alternative sources of energy, including U.S. exports.

Global financial markets reacted swiftly to the announcement. Futures tied to the S&P 500 dropped sharply, wiping out an estimated $550 billion in market value. Meanwhile, Bitcoin fell below $67,000, reflecting investor uncertainty.

Oil prices surged past $110 per barrel as fears of prolonged disruption in supply chains intensified, raising concerns about inflation and economic stability worldwide.

The situation remains fluid, with further military developments and market reactions expected in the coming days. This is a developing story, and updates will follow as more information becomes available.