President Donald Trump declared the war against Iran to be nearly complete, asserting that U.S. military objectives have been achieved. He claimed all Iranian military forces have been destroyed, including naval vessels and air defences.
The Dow Jones Industrial Average and S&P 500 rose following Trump's remarks about the war's progress. Oil prices declined below $100 per barrel after the president predicted lower energy costs.
Trump stated the U.S. has not yet targeted Iran's most sensitive infrastructure, including its electricity systems. He warned further military action could occur if Iran restricts oil exports.