March 10, New Delhi – Donald Trump stated on Monday that the United States would intensify its actions against Iran and would continue to do so, while assuring that military operations would end "very soon," a remark that helped stabilize turbulent markets amid the escalating West Asia conflict.
Following the appointment of Mojtaba Khamenei, the son of the assassinated Ayatollah Ali Khamenei, as Iran's new supreme leader, Tehran launched missile and drone barrages on Saudi Arabia, Bahrain, Qatar, the United Arab Emirates, Israel, and even Turkey, with interceptions carried out by NATO defenses.
Iran has maintained a blockade of the Strait of Hormuz, halting most tanker traffic and pushing benchmark crude to record highs before a partial retreat. Wall Street reacted positively to Trump's remarks about a short-term escalation after more than 5,000 targets were struck.
France is leading defensive efforts to reopen the vital chokepoint following the peak of the conflict, while Russia has vowed unwavering support to Iran amid regional rallies and intensifying clashes involving Hezbollah in Lebanon.
