New Delhi, September 29, 2026 (Reuters) – U.S. President Donald Trump said on Monday, Sept. 28, that American officials had been talking to mediators as efforts continue to end the ongoing war between the United States and Iran. Trump said he was confident the US would win the war and the conflict would soon be over.
“We are going to win, and we are going to win big,” Trump said at the Oval Office. It will be over soon, one way or another.”
US-Iran conflict: Efforts to mediate continue
Mediators continued to pursue diplomatic efforts to find a possible solution to the conflict, as Trump spoke. While talks are underway, there has been no final deal officially announced between Washington and Tehran.
The ongoing situation has also highlighted the Strait of Hormuz, a crucial global energy artery that carries a significant portion of the world’s oil supplies.
Trump: War May Be Over Soon
Trump said the US expects the war to be over soon. His remarks came as diplomatic contacts continued to seek a possible settlement.
But the situation is fluid and it is unclear how the mediation efforts will pan out.
Oil Prices and World Markets in View
US-Iran conflict has become a major factor for global financial markets particularly for crude oil prices. Any disruption in and around the Strait of Hormuz could put pressure on global energy supplies and inject volatility into oil markets.
Higher crude oil prices can also affect inflation expectations, currencies and investor sentiment including in emerging markets such as India.
Nuclear Issue Still Matters
Iran’s nuclear program remains one of the key issues in any possible US-Iran deal. Mediators are trying to ease tensions but negotiations could be complicated by the differences between the two sides.
Trump has also downplayed reports of some proposed concessions to Iran, adding uncertainty to the terms of any possible settlement.
Implication for the markets
The next big developments to look for investors will be the US-Iran negotiations, the situation around the Strait of Hormuz and movements in crude oil prices.
A credible de-escalation might provide some relief to energy supply fears but any further escalation could add to volatility across global markets.
MarketSustain Takeaway: Trump’s latest comments indicate that Washington is expecting the US-Iran conflict to head toward resolution soon as mediation efforts continue. Developments in the Middle East will continue to be watched by global investors, particularly the possible effect on crude oil prices and overall market sentiment.
