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U.S. President Donald Trump stated that the Iran campaign is progressing faster than expected and could conclude within a few weeks. He initially projected a 4-5 week timeline, but with only 2.5 weeks elapsed, the accelerated schedule raises questions about Iran's strategic patience. Energy markets are particularly concerned, as prolonged conflict could disrupt oil flows through the Strait of Hormuz. Recent Iranian strikes on UAE and Omani targets underscore ongoing tensions, while Netanyahu's vague timeline for Israeli actions adds uncertainty. WTI crude oil rose $2.25 to $94.69, reflecting market anxiety over potential supply disruptions. The situation highlights the interplay between geopolitical risks and energy prices. A swift resolution would ease upward pressure on oil, while prolonged conflict could push prices higher. Traders are closely monitoring Iran's military movements, U.S. policy shifts, and regional alliances. The Strait of Hormuz, a critical global oil chokepoint, remains a focal point for volatility. Central banks and energy ministers in the Gulf may need to adjust monetary and fiscal policies if prices remain elevated. For MENA investors, the conflict's duration and regional spillovers are key risks. Gulf economies reliant on oil exports could face dual pressures from both supply disruptions and fluctuating global demand. Traders should watch for updates on Iran's military readiness, U.S.-Israel coordination, and OPEC+ production decisions. The $95 psychological level for WTI crude is now a critical technical marker for short-term price direction.
