But markets seem to have latched on to Trump’s first statement, that the war is nearly over, as if it were some sort of factual statement about reality and Trump’s intentions.
Oil prices have fallen, stock prices have risen…while Iran has started mining the Strait of Hormuz.
A fifth of global oil exports travel through the strait.
https://edition.cnn.com/2026/03/10/politics/iran-begins-laying-mines-in-strait-of-hormuz