Oil price relief as Trump declares US war on Iran ‘ending fairly soon’ | First Thing
Oil prices have dropped after Donald Trump unilaterally declared that the US war on Iran was “effectively over”.
Key points
- “Iran militarily is effectively over,” Trump said, citing the destruction of its navy and surging inflation that he said has hollowed out Tehran's economy.
- Thomas Massie, of Kentucky, introduced eight articles of impeachment against Hegseth, accusing him of illegally waging war without congressional authorization and abusing his powers.
- Two US refuelling tankers that were using the RAF Mildenhall military base diverted to Germany on Monday morning, while several other tankers at the base were moved to Germany and other locations later in the day.
I think it’s going to be ending fairly soon.” Brent crude has dropped below $90, its lowest level since August.
During a White House press conference, Trump said Israel and Gulf allies in the region were well protected from Iran and that an escalation was not needed.
Additional details
- The US military has reportedly evacuated aircraft from a second airbase in Britain after a threat from Iran.
- He said, however, that the US remained “locked and loaded, ready to go for any reason”, adding: “We’re seeing momentum toward the end of this conflict.
- Speaking in the White House, the president said the US remained ‘locked and loaded’ but escalation was not needed.
- A Republican lawmaker has moved to force a vote to impeach the US defense secretary.
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How this summary was made: extractive summary — built from the sources' own reporting. It is drawn only from the reporting of the sources listed below — read the originals for full detail. How we summarize →
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